Internet Infrastructure HOLDRs
was one of the top performing exchange-traded funds Wednesday, courtesy of rising holdings
VeriSign was rising 5% after CEO Stratton Sclavos abruptly resigned after 12 years of holding the position.
Meanwhile, rumors of takeover bids pushed Openwave Systems higher by 5%. Rival
was gaining after word that Spanish company LaNetro Zed may acquire the company for $1 billion.
The Internet Infrastructure HOLDRs ETF was recently up 11 cents, or 2.1%, to $5.30.
Energy-related ETFs were also among the best performers of a winning session Wednesday, as the front-month July contract was last up 25 cents to $63.40 a barrel.
Ultra Oil & Gas ProShares
was higher by $1.90, or 1.8%, to $94.89. The
SPDR S&P Oil & Gas Equipment & Services
ETF was adding 53 cents, or 1.3%, to $35.78. The
Energy Select Sector SPDR
ETF gained 95 cents, or 1.2%, to $68.20. The
SPDR Oil & Gas Exploration & Production
ETF was recently up 59 cents, or 1.1%, to $46.29.
On the other hand, bundled securities tracking semiconductors were among the biggest decliners. Various holdings were lower by 1.4% or more, including
Advanced Micro Devices
Ultra Semiconductor ProShares
ETF was shedding $1.40, or 2.2%, at $76.10. The
SPDR S&P Semiconductor
ETF eased 69 cents, or 1.3% to $51.06. The
ETF was recently down 24 cents, or 0.9%, to $36.16. The
PowerShares Dynamic Semiconductors
ETF was lower by 14 cents, or 1.1%, at $18.88.
B2B Internet HOLDRs
ETF was also among the losers of the day as holding
slid 0.6%. The ETF was recently lower by 3 cents, or 1.3%, to $2.21.