Friday's ETF Winners & Losers

Energy-related exchange-traded funds were among the best performers Friday, as the looming summer driving season pushed crude oil higher.

Oil futures were up 65 cents to $70.22 a barrel. The Ultra Oil & Gas ProShares (DIG) was up $2.71, or 2.8%, to $98.90. The SPDR S&P Oil & Gas Equipment & Services (XES) was adding 59 cents, or 1.8%, to $37.28. The PowerShares Dynamic Oil & Gas Services (PXJ) rose 43 cents, or 1.8%, to $26.07. The iShares Dow Jones U.S. Oil & Gas Exploration Index (IEO) was higher by 96 cents, or 1.7%, to $59.05.

A huge earnings beat by Research In Motion (RIMM) propelled the Wireless HOLDRs (WMH) ETF higher. The BlackBerry maker was also upgraded by Bank of America and JMP Securities, and the stock was soaring by 20%. The ETF was recently adding $1.62, or 2.4%, to $68.61.

On the other hand, housing-related ETFs were among the worst losers of the day. A day earlier, KB Home (KBH) said it swung to a second-quarter loss due to lower demand and dwindling home prices, and the weakness carried into Friday's session.

Among other housing concerns, Beazer Homes (BZH) was losing 5.7%, Hovnanian (HOV) eased 3%, DR Horton (DHI) was down 1.8% and Lennar (LEN) was lower by 1.8%.

The iShares Dow Jones U.S. Home Construction (ITB) was recently falling by 52 cents, or 1.4%, at $31.23. The SPDR Homebuilders (XHB) was down 40 cents, or 0.9%, to $30.36.

The iShares Dow Jones U.S. Broker-Dealers (IAI) was also losing ground. Among its holdings, Merrill Lynch (MER) was down 2%, Lehman Brothers (LEH) was losing 1.7%, and Legg Mason (LM) was down 1.5%. The ETF was losing 46 cents, or 0.5%, to $54.96.

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