In trading on Wednesday, the SPDR S&P Oil & Gas Exploration & Production ETF ( XOP ) is outperforming other ETFs, up about 5.8% on the day. Components of that ETF showing particular strength include shares of Halcon Resources ( HK ), up about 19.5% and shares of Sanchez Energy ( SN ), up about 17% on the day.
And underperforming other ETFs today is the First Trust Preferred Securities and Income ETF ( FPE ), down about 0.5% in Wednesday afternoon trading. Among components of that ETF with the weakest showing on Wednesday were shares of SLM Floating Rate Preferred Series B ( SLMBP ), lower by about 2.1%, and shares of BGC Partners (BGCA), lower by about 0.8% on the day.
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