Friday's ETF Winners & Losers

The Internet Infrastructure HOLDRs is a big winner.
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The

Internet Infrastructure HOLDRs

(IIH)

exchange-traded fund was Friday's biggest winner, jumping 9% as tech stocks rebounded from the previous session's selloff thanks to M&A news.

Among its holdings,

BEA Systems

(BEAS)

surged 33% after software giant

Oracle

(ORCL) - Get Report

made an unsolicited bid for the company.

The Internet Infrastructure HOLDRs was recently up 48 cents to $5.76. Among other related ETFs benefiting from the BEA news, the

First Trust Dow Jones Internet Index

(FDN) - Get Report

added 58 cents, or 2.1%, to $27.71. The

iShares S&P GSTI Software

(IGV) - Get Report

ETF was up $1.07, or 2.1%, to $53.

A sharp decline in

Baidu.com

(BIDU) - Get Report

on Thursday sank Asia indices overnight, but the stock was up 1.2% during the current session and supported advances in related ETFs.

The

iShares FTSE/Xinhua China 25 Index

(FXI) - Get Report

ETF was rising $6.10, or 3.2%, to $198.60. The

PowerShares Golden Dragon Halter USX China

(PGJ) - Get Report

ETF was gaining $1.02, or 3%, to $35.34. The

SPDR S&P China

(GXC) - Get Report

ETF was up $2.83, or 2.8%, to $102.48.

On the other hand, housing-related ETFs sank after Wachovia lowered 2007 and 2008 earnings estimates for 13 homebuilders. Among those cut were

Centex

(CTX)

,

Beazer Homes

(BZH) - Get Report

,

Lennar

(LEN) - Get Report

,

Toll Brothers

(TOL) - Get Report

,

Hovnanian

(HOV) - Get Report

and

D.R. Horton

(DHI) - Get Report

.

The

iShares Dow Jones U.S. Home Construction

(ITB) - Get Report

ETF was down 67 cents, or 3%, to $21.65. The

SPDR S&P Homebuilders

(XHB) - Get Report

ETF was losing 45 cents, or 1.9%, to $22.85.

Bundled securities tracking the retail sector were also lower despite a strong government report on retail sales during September. The Commerce Department said that retail sales rose 0.6% last month, tripling expectations. Excluding autos, retail sales increased 0.4%, also topping expectations.

However, the

SPDR S&P Retail

(XRT) - Get Report

ETF was shedding 38 cents, or 0.9%, to $40.19. Among its holdings,

Tiffany

(TIF) - Get Report

,

Costco Wholesale

(COST) - Get Report

and

PetSmart

(PETM)

were lower by 1.7% or more.