UBS AG FI Enhanced Large Cap Growth ETN (NYSEARCA:FBGX) Shares Down 1.1% – Should You Sell?

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

UBS AG FI Enhanced Large Cap Growth ETN Stock Performance

The firm has a 50 day moving average price of $943.29 and a two-hundred day moving average price of $943.33.

UBS AG FI Enhanced Large Cap Growth ETN Company Profile

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.