Tuesday's ETF Winners & Losers

The iShares Dow Jones Transportation Average(IYT Quote) exchange-traded fund was hit Tuesday after UPS(UPS Quote) posted disappointing second-quarter earnings and gave a weaker-than-expected guidance. UPS recently was trading down $8.99, or 11%, to $71.01. Rival FedEx(FDX Quote) fell in sympathy and was last trading down $3.18, or 2.9%, to $107.26. The transportation ETF dropped $1.96 to $79.95.

The Semiconductor HOLDRs(SMH Quote) ETF rose after SanDisk(SNDK Quote) and Texas Instruments(TXN Quote) moved higher. SanDisk was recently trading up $5.91, or 15%, to $46.11 after the company posted blowout second-quarter results. Texas Instruments, meanwhile, posted in-line second-quarter earnings on better-than-expected sales. The chipmaker was recently trading up $1.24, or 4%, to $29.08. The chip ETF recently was higher by 40 cents to $30.16.

The Oil Services HOLDRs(OIH Quote) ETF rose 3% after BJ Services(BJS Quote) and Nabors Industries(NBR Quote) posted better-than-expected earnings. BJ Services rose $1.98, or 6.4%, to $33.04, while Nabors climbed $1.60, or 5.2%, to $32.25. The oil services ETF recently was trading up $4.67, or 3.5%, to $138.77. A similar ETF, the PowerShares Dynamic Oil & Gas Services(PXJ Quote), advanced 66 cents, or 3.5%, to $19.51.

After three straight sessions of being on the downside, shares of the iShares Comex Gold Trust(IAU Quote) and streetTRACKS Gold Shares(GLD Quote) ETF moved higher Tuesday. The Comex Gold ETF was recently trading up 57 cents to $61.65, while the streetTRACKS ETF was trading up 42 cents to $61.56. The price of gold was recently up $2.30 to $615.50 an ounce.