Friday's ETF Winners & Losers
Bundled securities tracking semiconductors were among the best performers of Friday's session, thanks to an upgrade for chipmaker
Intel
(INTC)
.
Goldman Sachs raised its rating for Intel to buy from neutral, sending shares 4% higher. Among other chipmakers,
KLA-Tencor
(KLAC)
,
Maxim Integrated Products
(MXIM)
and
Applied Materials
(AMAT)
were up by 1.6% or more.
The
Ultra Semiconductor ProShares
TheStreet Recommends
(USD)
ETF added $3.27, or 4%, to $85.30. The
Semiconductor HOLDRs
(SMH)
ETF was 65 cents, or 1.7%, higher at $38.10. The
iShares Goldman Sachs Semiconductor
(IGW)
ETF was climbing 98 cents, or 1.5%, to $66.45. The
SPDR S&P Semiconductor
(XSD)
ETF rose 58 cents, or 1.1%, to $53.30.
Utility-related ETFs were also among the winners of the session. Among individual names,
American Electric Power
(AEP)
,
Edison International
(EIX)
and
Exelon
(EXC)
jumped 2.1% or more.
The
Ultra Utilities ProShares
(UPW)
was rising $2.68, or 3.2%, to $85.82. The
Utility HOLDRs
( UTH) was adding $2.53, or 1.8%, to $145.63. The
Vanguard Utilities ETF
(VPU)
gained $1.34, or 1.6%, to $85.42.
ETFs tracking the energy sector were also rising. The front-month July crude contract overcame early weakness, but was higher by just 6 cents to $67.71 a barrel.
The
Ultra Oil & Gas ProShares
(DIG)
was higher by $2.70, or 2.7%, to $103. The
Oil Services HOLDRs
(OIH)
was adding $2.57, or 1.3%, to $177.92. The
SPDR S&P Oil & Gas Equipment & Services
(XES)
ETF rose 43 cents, or 1.1%, to $37.52. The
PowerShares Dynamic Energy Exploration
(PXE)
ETF was up 30 cents, or 1.2%, to $23.87.
On the losing side, the
Software HOLDRs
(SWH)
ETF was among very few decliners Friday, pressured by a 2.3% drop in share of
Adobe Systems
(ADBE)
. The ETF was recently down 5 cents, or 0.1%, to $41.52.
