UBS AG FI Enhanced Large Cap Growth ETN (NYSEARCA:FBGX) Trading Down 1.1% – Here’s Why

UBS AG FI Enhanced Large Cap Growth ETN (NYSEARCA:FBGXGet Free Report)’s stock price was down 1.1% on Thursday . The company traded as low as $939.58 and last traded at $943.29. Approximately 300 shares changed hands during trading, an increase of 11% from the average daily volume of 270 shares. The stock had previously closed at $953.90.

UBS AG FI Enhanced Large Cap Growth ETN Stock Performance

The firm’s 50 day moving average is $943.29 and its two-hundred day moving average is $928.71.

About UBS AG FI Enhanced Large Cap Growth ETN

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The UBS AG FI Enhanced Large Cap Growth ETN (FBGX) is an exchange-traded fund that is based on the Russell 1000 Growth index. The fund provides 2X levered exposure to the total return of the Russell 1000 Growth Index, with quarterly leverage resets. FBGX was launched on Jun 11, 2014 and is issued by UBS.

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