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This ETF is the ultimate reopening trade and is up more than 7% in a week

The AMC Empire 25 near Times Square is open as New York City's cinemas reopen for the first time in a year following the coronavirus shutdown, on March 5, 2021.
Angela Weiss | AFP | Getty Images

One ETF is a the quintessential reopening play and it's on the way to a record high amid surging optimism for the travel and leisure industry.

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