Bundled securities tracking semiconductors were among the best performers of Friday's session, thanks to an upgrade for chipmaker
Goldman Sachs raised its rating for Intel to buy from neutral, sending shares 4% higher. Among other chipmakers,
Maxim Integrated Products
(AMAT) were up by 1.6% or more.
Ultra Semiconductor ProShares
(USD) ETF added $3.27, or 4%, to $85.30. The
(SMH) ETF was 65 cents, or 1.7%, higher at $38.10. The
iShares Goldman Sachs Semiconductor
(IGW) ETF was climbing 98 cents, or 1.5%, to $66.45. The
SPDR S&P Semiconductor
(XSD) ETF rose 58 cents, or 1.1%, to $53.30.
Utility-related ETFs were also among the winners of the session. Among individual names,
American Electric Power
(EXC) jumped 2.1% or more.
Ultra Utilities ProShares
was rising $2.68, or 3.2%, to $85.82. The
was adding $2.53, or 1.8%, to $145.63. The
Vanguard Utilities ETF
gained $1.34, or 1.6%, to $85.42.
ETFs tracking the energy sector were also rising. The front-month July crude contract overcame early weakness, but was higher by just 6 cents to $67.71 a barrel.
Ultra Oil & Gas ProShares
was higher by $2.70, or 2.7%, to $103. The
Oil Services HOLDRs
was adding $2.57, or 1.3%, to $177.92. The
SPDR S&P Oil & Gas Equipment & Services
ETF rose 43 cents, or 1.1%, to $37.52. The
PowerShares Dynamic Energy Exploration
ETF was up 30 cents, or 1.2%, to $23.87.
On the losing side, the
(SWH - Get Report)
ETF was among very few decliners Friday, pressured by a 2.3% drop in share of
. The ETF was recently down 5 cents, or 0.1%, to $41.52.