Huge Trade in Leveraged Russell 1000 ETN Turns Heads | Page 2 of 2 | ETF Trends

The ETN started trading in June 2012. UBS launched the ETN less than a month after selling a similar security in the largest equity-linked sale in more than two years, according to a Bloomberg report at the time. The bank sold $946.2 million of structured notes tied to the Russell 1000 Growth Index to Fisher Asset Management LLC a month before FBG listed, according to the article.

UBS AG FI Enhanced Big Cap Growth ETN

Full disclosure: Tom Lydon’s clients own IWM.