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On Wednesday, shares of the VanEck Preferred Securities ex Financials ETF (Symbol: PFXF) fell below their 200-day moving average of $17.26, trading as low as $17.21, marking a decline of approximately 0.5% on the day. The ETF’s 52-week range is between $15.28 and $18.18.
This movement indicates a significant shift in the ETF’s performance, highlighting potential trends in the market as investors react to changing conditions.
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