This Week's ETF Winners & Losers

Funds tracking tech shares were among the biggest winners.
By Sarina Penn ,

Exchange-traded funds tracking tech shares were among the biggest winners for the week as several big names delivered solid first-quarter numbers.

The

Internet HOLDRs

(HHH)

ETF gained 4.5% for the week, and the

Internet Architecture HOLDRs

(IAH)

surged 6.7%. The

Semiconductor HOLDRs

(SMH) - Get Report

rose 2.9%, and the

iShares S&P GSTI Semiconductor

(IGW)

climbed 3.9%.

The upward momentum came as search giant

Google

(GOOG) - Get Report

helped spark a massive rally Friday and chipmaker

Intel

(INTC) - Get Report

did the same a couple of days earlier, both thanks to better-than-expected earnings. Google jumped 17.9% for the week as Intel tacked on 6.2%.

IBM

(IBM) - Get Report

, meanwhile, helped the Dow hold its own on Thursday as the computer maker topped expectations with a leaping quarterly profit. For the week, the stock was up 7.2%.

Also gaining ground this week were ETFs tracking financial stocks. The week saw mixed results, but some big names, most notably,

Citigroup

(C) - Get Report

and

JPMorgan Chase

(JPM) - Get Report

, allayed investors' fears with first-quarter results that weren't thoroughly dismal. Citi missed the average Wall Street estimate but its first-quarter writedowns weren't nearly as bad as some were predicting, and JPMorgan's sliding profit came in above the consensus. Shares added 7.5% and 7.6%, respectively, over the past five sessions.

At the same time, the

Financial Select Sector SPDR

(XLF) - Get Report

,

Ultra Financials ProShares

(UYG) - Get Report

,

iShares Dow Jones U.S. Financial Sector

(IYF) - Get Report

ETF and

iShares S&P Global Financials

(IXG) - Get Report

all advanced between 4.7% and 10.6%.

Also, in a week that saw crude oil hitting record intraday highs every day, the

Oil Services HOLDRs

(OIH) - Get Report

jumped 10.9%, the

Ultra Oil & Gas ProShares

(DIG) - Get Report

rocketed 16.1%, the

United States Oil

(USO) - Get Report

climbed 5.9%, and the

Energy Select Sector SPDR

(XLE) - Get Report

ramped up 8%.

On the flip side, bundled securities tracking gold slipped as gold futures sank for the week.

The

PowerShares DB Gold

(DGL) - Get Report

, the

iShares COMEX Gold Trust

(IAU) - Get Report

and the

streetTRACKS Gold Shares

(GLD) - Get Report

funds were all down 0.7% or more.

Finally, ETFs tracking Treasury securities faltered as investors shifted their money out of the safe haven of government bonds, having regained at least some of their confidence in equities.

The

iShares Lehman 20+ Year Treasury Bond

(TLT) - Get Report

fund was off 3.3% for the week, the

iShares Lehman 10-20 Year Treasury Bond

(TLH) - Get Report

surrendered 2.4%, and the

iShares Lehman 7-10 Year Treasury

(IEF) - Get Report

was down 1.7%.

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