Tuesday's ETF Winners & Losers

Stock quotes in this article: USD , HHH , SMH , ROM , DIG , XOP , IPE , TLO , ITE , RTH  

Tech-related exchange-traded funds were trading up Tuesday, as big gains in semiconductor and Internet names led the broader market higher.

Among individual names, Yahoo! (YHOO Quote) surged 5% after Bear Stearns named the search engine one of its top picks. Elsewhere, Amazon.com (AMZN Quote), Texas Instruments (TXN Quote), Applied Materials (AMAT Quote) and Intel (INTC Quote) were all higher by 2% or more.

The Ultra Semiconductor ProShares (USD Quote) was higher by $3.10, or 3.6%, to $89.79. The Internet HOLDRS (HHH Quote) was adding $1.56, or 2.6%, to $60.46. The Semiconductor HOLDRS (SMH Quote) rose 87 cents, or 2.3%, to $38.76. The Ultra Technology ProShares (ROM Quote) was up $1.69, or 2.1%, to $82.49.

Bundled securities tracking the energy sector were also on the rise as Hurricane Felix was churning about 65 miles off the coast of Nicaragua and was set to make landfall as a category 5 storm. Meanwhile, tropical storm Henriette strengthened into a hurricane on the western side of Mexico. The October front-month crude contract was rising 71 cents at $74.75 a barrel.

The Ultra Oil & Gas ProShares (DIG Quote) was rising $3.92, or 4.1%, to $100.21. The SPDR S&P Oil & Gas Exploration & Production (XOP Quote) was up $1.03, or 2.4%, to $44.14. The iShares Dow Jones U.S. Oil & Gas Exploration Index (IEO Quote) was adding $1.38, or 2.5%, to $55.82.

On the other hand, Treasury-related ETFs were declining as investors pulled out of bonds and moved money into equities. Recently, the 10-year note was down 3/32 in price, raising the yield to 4.56%. The 30-year bond was off 5/32 in price, yielding 4.84%.

The SPDR Barclays Capital TIPS (IPE Quote) was down 59 cents, or 1.2%, to $48.34. The SPDR Lehman Long-Term Treasury (TLO Quote) was off 55 cents, or 1.1%, to $51.26. The SPDR Lehman Intermediate-Term Treasury (ITE Quote) was losing 41 cents, or 0.8%, to $53.52.

The Retail HOLDRs (RTH Quote) was also lower as Home Depot (HD Quote) dropped 5% after the home repair retailer said it would spend $10.7 billion to buy back stock. The ETF was down 83 cents, or 0.8%, $101.12.

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