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
TheStreet Open House

Wednesday's ETF Winners & Losers

Housing- and real estate-related exchange-traded funds were surging during Wednesday's winning session, one day after the Federal Reserve said that the correction in housing is ongoing but that the economy is likely to expand at a moderate pace.

Individual names were jumping. Hovnanian (HOV) soared 19%, and Toll Brothers (TOL), D.R. Horton (DHI), Centex (CTX) and KB Home (KBH) were all higher by 5% or more.

The iShares Dow Jones U.S. Home Construction (ITB) was rising $2.07, or 7.8%, to $28.63. The Ultra Real Estate ProShares (URE) climbed $2.42, or 5.7%, to $45.22. The SPDR S&P Homebuilders (XHB) was adding $1.54, or 5.9%, to $27.87.

Bundled securities tracking Asian markets were also jumping after several indices gained ground overnight. Hong Kong's Hang Sang rose 2.9%, the Nikkei Index added 0.6% and Tokyo's Topix Index gained 0.5%.

The iShares FTSE/Xinhua China 25 Index (FXI) was gaining $5.87, or 4.5%, to $136.14. The iShares MSCI Singapore Index (EWS) was higher by 59 cents, or 4.6%, to $13.50. The SPDR S&P China (GXC) was recently up $3.08, or 4.5%, at $71.56.

ETFs tracking regional banks were notching another strong session. Among individual names, Washington Mutual (WM), Valley National Bancorp (VLY), Colonial Bancgroup (CNB) and PNC Financial Services (PNC) were all gaining 3% or more.

The KBW Regional Banking (KRE) ETF was higher by $1.75, or 4.1%, to $44.50. The iShares Dow Jones U.S. Regional Banks (IAT) added $1.04, or 2.3%, to $47.25.

On the other hand, bundled securities following U.S. Treasuries were among the few losers of the day, as traders made their way out of bonds and back into equities.

The 10-year note was down 18/32 in price, yielding 4.84%, and the 30-year bond was tumbling 1 1/32, yielding 5.00%.

The iShares Lehman 20+ Year Treasury Bond (TLT) was down 91 cents, or 1%, to $86.31. The iShares Lehman 7-10 Year Treasury Bond (IEF) fell by 50 cents, or 0.6%, to $81.80. The SPDR Lehman Long Term Treasury (TLO) was lower 27 cents, or 0.5%, to $50.48.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

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

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,804.71 -238.19 -1.40%
S&P 500 1,946.16 -26.13 -1.32%
NASDAQ 4,422.0850 -71.3050 -1.59%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs