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Wednesday's ETF Winners & Losers

Bundled securities tracking semiconductors were among the top performers Wednesday, as several chipmaker stocks supported a 0.4% advance in the Nasdaq Composite.

Among individual names, Applied Materials (AMAT), Maxim Integrated Products (MXIM), National Semiconductor (NSM), and Advanced Micro Devices (AMD) were higher by 2.1% or more.

The Ultra Semiconductor ProShares (USD) was adding $2.97, or 3.6%, to $85.02. The PowerShares Dynamic Semiconductors (PSI) was rising 34 cents, or 1.8%, to $19.57. The Semiconductor HOLDRs (SMH) ETF was up 64 cents, or 1.7%, higher at $38.39. The SPDR S&P Semiconductor (XSD) was recently up 37 cents, or 0.7%, to $53.46.

ETFs tracking the retail sector were also among the winners of Wednesday's session, courtesy of a jump in Best Buy (BBY). The electronics retailer added nearly 4% after announcing a new stock buyback plan of $5.5 billion. Best Buy said it will raise its quarterly dividend by 30% to 13 cents, in addition to the company's plans of opening another 400 stores in North America.

Other retail names were also on the rise. Kohl's (KSS) gained 2.6%, CVS (CVS) added 2.2%, Kroger (KR) was up 2.1%, RadioShack (RSH) was gaining 1.8%,

The SPDR S&P Retail (XRT) was higher by 80 cents, or 1.9%, to $43.58. The Retail HOLDRs (RTH) was adding 88 cents, or 0.9%, to $104.72. The PowerShares Dynamic Consumer Discretionary (PEZ) tacked on 29 cents, or 1%, to $28.30.

On the flip side, insurance-related bundled securities were among few losers of the session. Among insurers, Progressive (PGR) and AIG (AIG) were easing 1.3%, and both Hartford Financial Services (HIG) and The Chubb Corporation (CB) slumped 0.8%.

The iShares Dow Jones U.S. Insurance (IAK) was losing 47 cents, or 0.8%, to $55.64. The PowerShares Dynamic Insurance (PIC) was down 11 cents, or 0.6%, to $18.91.

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SYM TRADE IT LAST %CHG
USD $88.20 -3.61%
IAK $49.84 0.40%
PEZ $48.29 0.63%
SMH $56.69 1.20%
RTH $77.82 -0.10%

Markets

DOW 18,143.27 +63.13 0.35%
S&P 500 2,121.30 +3.61 0.17%
NASDAQ 5,102.8090 +10.7240 0.21%

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