This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

This Week's ETF Winners & Losers

Utility-related exchange-traded funds suffered the most in a largely down week for the market, as high bond yields soured investor interest in the sector.

Utility stocks are normally attractive to investors for their steady dividends, but became less desirable as investors turned to bonds, as yields rose over 5% to their highest level in five years. Bond yields' rise subsided Friday, but not before sinking utility stocks like Exelon (EXC) and PG&E (PCG), each of which lost nearly 7% for the week.

The Ultra Utilities ProShares (UPW) lost $10.40, or 12%, to $78.84 for the week. Utilities HOLDRs (UTH) sunk $7.54, or 5.1%, to $140.16. The iShares Dow Jones US Utilities (IDU) shed $5.03, or 5%, to $96.39.

Real estate funds also suffered in a poor market, hurt by rising interest rates and poor performance by the sector's biggest names. The 30-year mortgage rate rose to its highest level in 10 months on Thursday and homebuilders Lennar (LEN) and Toll Brothers (TOL) both lost ground for the week.

Ultra Real Estate ProShares (URE) lost $5.63, or 9%, to $57.05. SPDR Homebuilders (XHB) sunk $1.31, or 3.7%, to $33.86.

Winners for the week were few and far between.

Oil-related funds performed well for much of the week, before being battered into weekly negative territory on Friday. Investor fears over the potential impact a deadly cyclone in the Persian Gulf would have on the energy market drove futures up much of the week. But crude prices dove more than $2 a barrel Friday, when the storm turned out to spare major oil infrastructure in the Middle East.

PowerShares DB Oil (DBO) edged down 40 cents, or 1.5%, to $26.03. The iPath Goldman Sachs Crude Oil Index (OIL) ETF slipped 27 cents, or 0.7%, to $36.03.

One winner was the PowerShares DB Agriculture (DBA), which edged up 4 cents, or 0.2%, to $26.43 for the week.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
DBA $20.88 0.00%
IDU $105.74 -1.55%
OIL $9.19 7.36%
XHB $36.23 0.17%
UPW $85.20 -2.34%

Markets

Chart of I:DJI
DOW 16,528.03 -114.98 -0.69%
S&P 500 1,972.18 -16.69 -0.84%
NASDAQ 4,776.5080 -51.8170 -1.07%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs