Belvedere Trading LLC Buys Shares of 10,883 ProShares UltraShort Bloomberg Natural Gas $KOLD

Belvedere Trading LLC purchased a new position in ProShares UltraShort Bloomberg Natural Gas (NYSEARCA:KOLD) in the second quarter, HoldingsChannel reports. The firm purchased 10,883 shares of the company’s stock, valued at approximately $279,000.

A number of other institutional investors also recently made changes to their positions in the stock. Centric Wealth Management acquired a new stake in shares of ProShares UltraShort Bloomberg Natural Gas in the 1st quarter worth approximately $2,936,000. Simplex Trading LLC lifted its stake in shares of ProShares UltraShort Bloomberg Natural Gas by 13.5% in the 1st quarter. Simplex Trading LLC now owns 45,788 shares of the company’s stock worth $896,000 after acquiring an additional 5,456 shares during the period. Finally, 1248 Management LLC acquired a new stake in shares of ProShares UltraShort Bloomberg Natural Gas in the 1st quarter worth approximately $68,000.

ProShares UltraShort Bloomberg Natural Gas Stock Up 1.6%

Shares of NYSEARCA:KOLD opened at $34.04 on Tuesday. The company has a 50 day moving average of $36.17 and a 200-day moving average of $29.69. ProShares UltraShort Bloomberg Natural Gas has a twelve month low of $16.20 and a twelve month high of $84.00.

ProShares UltraShort Bloomberg Natural Gas Company Profile

The ProShares UltraShort Bloomberg Natural Gas (KOLD) is an exchange-traded fund that is based on the Bloomberg Natural Gas Subindex index. The fund provides daily -2x exposure to an index that tracks natural gas by holding one second month futures contract at a time. KOLD was launched on Oct 4, 2011 and is managed by ProShares.