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Benzinga

Business

Mark Putrino

This Natural Gas ETF Has Doubled Since January

The price of natural gas has been moving higher and if it continues to do so, the ProShares Ultra Bloomberg Natural Gas ETF (NYSE:BOIL) should follow along.

In addition to rallying gas prices, there’s another reason why the performance has been so strong. It uses leverage and is designed to move two times (2x) the amount that the price moves.

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