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Wednesday's ETF Movers: FPE, XOP

In trading on Wednesday, the First Trust Preferred Securities and Income ETF (FPE) is outperforming other ETFs, up about 0.1% on the day. Components of that ETF showing particular strength include shares of SLM Floating Rate Preferred Series B (SLMBP), up about 1.9% and shares of Wintrust Financial Preferred (WTFCM), up about 0.9% on the day.
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