Friday's ETF Winners & Losers - TheStreet

Friday's ETF Winners & Losers

Precious metal-related funds are among the best performers Friday.
Author:
Publish date:

Exchange-traded funds tracking precious metals were among the few winners of a losing session Friday, as gold and silver prices were on the rise.

Recently, gold futures were adding $5.50 to $683.60 an ounce, and silver was higher by 7 cents to $13.44 an ounce.

The

PowerShares DB Base Metals

(DBB) - Get Report

ETF rose 42 cents, or 1.5%, to $28.66. The

iShares Silver Trust

(SLV) - Get Report

was up $1.44, or 1.1%, to $133.13. The

PowerShares DB Gold

(DGL) - Get Report

was adding 26 cents, or 1%, to $26.97. The

iShares Comex Gold Trust

(IAU) - Get Report

ETF was climbing by 52 cents, or 0.8%, to $67.64.

Bundled securities following U.S. Treasuries were also higher, as bonds rallied Friday. The 10-year note was up 19/32 in price, yielding 4.94%, and the 30-year bond was higher by 28/32, yielding 5.05%.

The

SPDR Lehman Long-Term Treasury

(TLO)

ETF was higher by 46 cents, or 0.9%, to $49.98. The

iShares Lehman 20+ Year Treasury Bond

(TLT) - Get Report

ETF was adding 75 cents, or 0.9%, to $85.94. The

iShares Lehman 10-20 Year Treasury Bond

(TLH) - Get Report

ETF was up 55 cents, or 0.6%, to $98.24.

Meanwhile, homebuilders were the worst decliners of the day after

KB Home

(KBH) - Get Report

CEO Jeffrey Mezger said that he does not expect the housing market to bottom until late 2008. Among individual names, KB Home,

Centex

(CTX)

,

Hovnanian

(HOV) - Get Report

,

Toll Brothers

(TOL) - Get Report

and

Lennar

(LEN) - Get Report

were all lower by 3% or more.

The

iShares Dow Jones U.S. Home Construction

(ITB) - Get Report

ETF was losing $1.06, or 3.4%, to $30.14. The

SPDR S&P Homebuilders

(XHB) - Get Report

was down 86 cents, or 2.8%, to $29.49. The

PowerShares Dynamic Building & Construction

(PKB) - Get Report

was lower by 59 cents, or 2.8%, to $20.85.

Financial-related ETFs were also among the worst decliners.

Morgan Stanley

(MS) - Get Report

,

Merrill Lynch

(MER)

,

Lehman Brothers

(LEH)

and

Ameriprise Financial

(AMP) - Get Report

were all slumping by 3.1% or greater.

The

Ultra Financials ProShares

(UYG) - Get Report

ETF was shedding $1.79, or 2.8%, to $62.56. The

iShares Dow Jones U.S. Broker-Dealers

(IAI) - Get Report

ETF was recently down $1.23, or 2.2%, to $54.30. The

Regional Bank HOLDRs

(RKH)

was falling by $2.70, or 1.7%, to $152.40.