Friday's ETF Winners & Losers

Exchange-traded funds tracking the bond market were among few winners of a losing session Friday, after a report that showed job growth shrinking in the U.S. had investors dumping equities for Treasuries.

The U.S. economy gave up 4,000 jobs last month, according to a report from the Labor Department. It was the first decline in the nonfarm payrolls in four years. The figure was shockingly below economists' expectations for an addition of 100,000 nonfarm jobs. Following the report, the 10-year was up 25/32 in price, cutting the yield to 4.41%. The 30-year note was adding 1 and 7/32 in price, yielding 4.72%.

The iShares Lehman 20+ Year Treasury Bond (TLT Quote) ETF was up $1.30, or 1.5%, to $90.34. The iShares Lehman 10-20 Year Treasury Bond (TLH Quote) was higher by $1.22, or 1.2%, at $102.50. The iShares Lehman 7-10 Year Treasury (IEF Quote) was adding 72 cents, or 0.9%, to $84.71.

Precious metals-related ETFs also jumped following the Labor Department's report, as speculators drove up prices on gold and silver on expectations of an interest rate cut during the next Federal Reserve meeting on Sept. 18. Gold prices surged $8.40 to $713 an ounce. Silver was also on the rise, climbing 10 cents to $12.63 an ounce.

The streetTRACKS Gold Shares (GLD Quote) was up 79 cents, or 1.2%, to $69.65. The PowerShares DB Gold (DGL Quote) was adding 34 cents, or 1.2%, to $27.70. The iShares Comex Gold Trust (IAU Quote) rose 72 cents, or 1%, to $69.69.

Bundled securities tracking nearly every other sector were losing ground Friday. Semiconductor ETFs were among the hardest hit. Among holdings, Texas Instruments (TXN Quote), National Semiconductor (NSM Quote), Applied Materials (AMAT Quote) and Analog Devices (ADI Quote) were all losing 2% or more.

The Ultra Semiconductor ProShares (USD Quote) ETF was dropping $5.65, or 6.3%, to $83.86. The iShares S&P GSTI Semiconductor (IGW Quote) ETF was down $2.15, or 3.2%, to $65.65. The Semiconductor HOLDRs (SMH Quote) ETF was losing $1.18, or 3.1%, to $37.54.

Housing-related ETFs were also among the worst decliners of Friday's session. Following the last close, Hovnanian (HOV Quote) posted a fiscal third-quarter loss that was worse than expected, according to Thomson First Call. Rival Beazer Homes (BZH Quote) also tumbled after word the homebuilder had received default notices for five senior notes from the U.S. Bank National Association.

The iShares Dow Jones U.S. Home Construction (ITB Quote) was losing 72 cents, or 3.2%, to $22.11. The SPDR S&P Homebuilders (XHB Quote) was down 45 cents, or 1.9%, to $23.34.