Monday's ETF Winners & Losers

12/11/06 - 03:57 PM EST

Robert Holmes

Exchange-traded funds tracking software makers were among Monday's top performers. Among individual names, Symantec (SYMC Quote) was adding 2.8%, Adobe Systems (ADBE Quote) was gaining 2.7%, and Oracle (ORCL Quote) was higher by 1.7%.

The Software HOLDRs(SWH Quote) was adding 58 cents, or 1.5%, to $40.38, and the iShares Goldman Sachs Software Index(IGV Quote) ETF was rising by 47 cents, or 1.1%, to $44.72.

Telecom-related ETFs were also stronger. DirecTV (DTV Quote) was adding 3.8%, Level 3 Communications (LVLT Quote) was gaining 2.2%, and Verizon (VZ Quote) was edging higher by 1.2%.

The Telecom HOLDRs(TTH Quote) was gaining 36 cents, or 1.1%, to $34.57, and the PowerShares Dynamic Telecom & Wireless(PTE Quote) ETF was rising by 20 cents, or 1.1% to $19.03.

On the downside, the SPDR Biotech (XBI Quote) was Monday's worst performing ETF, falling 3.1%. Vertex Pharmaceuticals (VRTX Quote) dropped more than 5%. The ETF was recently losing $1.59 to $49.38.

The PowerShares Lux Nanotech (PXN Quote) ETF was also losing ground after holding Accelrys (ACCL Quote) fell 4%. The ETF was down 18 cents, or 1%, to $17.79.

Oil-related stocks were also lower as crude prices finished weaker. The United States Oil (USO Quote) ETF was losing 1.3% to $52.90, and the iPath Goldman Sachs Crude Oil Index (OIL Quote) ETF was down 1.2% to $38.84.

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