Fisher Asset Management LLC decreased its position in shares of UBS AG FI Enhanced Large Cap Growth ETN (NYSEARCA:FBGX – Free Report) by 37.0% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 4,615 shares of the company’s stock after selling 2,706 shares during the period. Fisher Asset Management LLC owned about 1.88% of UBS AG FI Enhanced Large Cap Growth ETN worth $3,207,000 at the end of the most recent quarter.
Several other institutional investors have also recently made changes to their positions in the company. Advisory Services Network LLC bought a new stake in UBS AG FI Enhanced Large Cap Growth ETN during the fourth quarter worth about $188,000. CRA Financial Services LLC bought a new stake in shares of UBS AG FI Enhanced Large Cap Growth ETN in the 4th quarter worth approximately $211,000. David J Yvars Group purchased a new stake in shares of UBS AG FI Enhanced Large Cap Growth ETN in the 4th quarter worth approximately $213,000. Meridian Wealth Management LLC bought a new position in UBS AG FI Enhanced Large Cap Growth ETN during the 4th quarter valued at approximately $218,000. Finally, Avantax Advisory Services Inc. purchased a new position in UBS AG FI Enhanced Large Cap Growth ETN during the fourth quarter valued at $243,000.
UBS AG FI Enhanced Large Cap Growth ETN Price Performance
NYSEARCA FBGX opened at $943.29 on Friday. UBS AG FI Enhanced Large Cap Growth ETN has a 12 month low of $510.66 and a 12 month high of $954.21. The stock’s fifty day moving average price is $848.41 and its 200-day moving average price is $790.60.
About UBS AG FI Enhanced Large Cap Growth ETN
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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