Friday's ETF Winners & Losers

Semiconductor-related exchange-traded funds were among the best performers of Friday's session. Earlier, Stifel Nicolaus upgraded Texas Instruments (TXN Quote) to buy from hold, saying the chipmaker's overstock inventory has been reduced.

The SPDR Semiconductor (XSD Quote) ETF was adding 1% to $50.66. The Semiconductors HOLDRs (SMH Quote) ETF was higher by 0.9% to $34.34. The iShares Goldman Sachs Semiconductor (IGW Quote) was up 0.1% to $61.40.

The PowerShares Lux Nanotech (PXN Quote) ETF was also higher. Holding Arrowhead Research (ARWR Quote) was rising 2.7%. The ETF was higher by 8 cents, or 0.5%, to $17.07.

On the other hand, bundled securities following the energy sector were among the worst performers. The front-month April contract was recently falling by $1.64 to $60 a barrel. The iPath Goldman Sachs Crude Oil (OIL Quote) ETF was recently shedding 1.9% to $36.85. The United States Oil (USO Quote) ETF was giving back 1.9% to $50.31.

The Internet HOLDRs (HHH Quote) ETF was hurt by Yahoo! (YHOO Quote). The Internet giant slumped 5% after The Wall Street Journal reported it may scale back its partnership with AT&T (T Quote). The ETF was falling 87 cents, or 1.6%, to $53.44.