Monday's ETF Winners & Losers
The Utilities HOLDRs (UTH) was the session's best performer Monday as TXU (TXU) said it will go private through the largest leveraged buyout in history. The ETF was higher by $4.10, or 3%, to $139.71.
The PowerShares Lux Nanotech (PXN) ETF was also gaining ground after holdings Altair Nanotechnologies (ALTI) and Cambridge Display Technology (OLED) were up by 4.6% and 4.1%, respectively. The ETF was higher by 20 cents, or 1.1%, to $17.94.
On the other hand, transportation stocks were weaker as the price of oil pushed as high as $61.75 a barrel. The iShares Dow Jones Transportation Average (IYT) ETF was losing $2.10, or 2.3%, to $90.49.The B2B Internet HOLDRs (BHH) was one of the session's worst performers as holding CheckFree (CKFR) was falling nearly 1.5%. The ETF was down 3 cents, or 1.6%, to $2.24.
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