NEW YORK ( TheStreet) -- Welcome to Don Dion's Daily ETF Winners and Losers. Be sure to stop by each day to get a feel of who's winning and who's losing when it comes to ETFs.
PowerShares Dynamic Networking Portfolio (PXQ) 3.2%
The networking industry ETFs are powering higher today with Riverbed Technology (RVBD) leading the way. RVBD is PXQ's second largest position, accounting for over 5% of its total portfolio.
This firm was jumping nearly 20% during late morning trading after announcing a strong third-quarter earnings report. During the quarter the company saw its net income more than double. Following up the report the firm announced a 2-for-1 stock split.iShares Dow Jones U.S. Oil Equipment & Services Index Fund (IEZ) 1.9% Schlumberger (SLB) is leading the oil services industry higher today after a strong earnings report. The company's strength throughout the past quarter was largely due to its onshore activity as hurdles remain for the offshore drilling industry. IEZ has seen a nice rally throughout the fall months. The fund is on the verge of testing previous 2010 highs. PowerShares DB Base Metals Fund (DBB) 1.2% DBB is designed to track a basket of futures contracts linked to the prices of copper, aluminum and zinc. Zinc is leading this fund's index higher as a result of concerns regarding the shutdown of a major Chinese smelter. This move could threaten supplies, providing room for the metal to run higher.