New York Life Investment Management LLC lowered its position in shares of ProShares UltraShort Bloomberg Natural Gas (NYSEARCA:KOLD – Free Report) by 20.4% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 20,896 shares of the company’s stock after selling 5,344 shares during the quarter. New York Life Investment Management LLC’s holdings in ProShares UltraShort Bloomberg Natural Gas were worth $893,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its position in ProShares UltraShort Bloomberg Natural Gas by 767.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,952 shares of the company’s stock worth $108,000 after acquiring an additional 1,727 shares during the period. Flow Traders U.S. LLC lifted its holdings in shares of ProShares UltraShort Bloomberg Natural Gas by 13.3% in the 3rd quarter. Flow Traders U.S. LLC now owns 15,630 shares of the company’s stock valued at $863,000 after buying an additional 1,837 shares during the period. Aveo Capital Partners LLC acquired a new position in shares of ProShares UltraShort Bloomberg Natural Gas in the 4th quarter valued at about $2,556,000. Finally, IMC Chicago LLC lifted its holdings in shares of ProShares UltraShort Bloomberg Natural Gas by 76.5% in the 4th quarter. IMC Chicago LLC now owns 183,848 shares of the company’s stock valued at $7,858,000 after buying an additional 79,685 shares during the period.
ProShares UltraShort Bloomberg Natural Gas Price Performance
Shares of KOLD stock opened at $20.26 on Tuesday. The business has a 50-day simple moving average of $33.65 and a 200-day simple moving average of $55.61. ProShares UltraShort Bloomberg Natural Gas has a 52-week low of $19.36 and a 52-week high of $85.20.
About ProShares UltraShort Bloomberg Natural Gas
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.
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