Monday's ETF Winners & Losers
Exchange-traded funds tracking software makers were among Monday's top performers. Among individual names,
Symantec
(SYMC)
was adding 2.8%,
Adobe Systems
(ADBE)
was gaining 2.7%, and
Oracle
(ORCL)
was higher by 1.7%.
The
Software HOLDRs
(SWH)
was adding 58 cents, or 1.5%, to $40.38, and the
iShares Goldman Sachs Software Index
(IGV)
TheStreet Recommends
ETF was rising by 47 cents, or 1.1%, to $44.72.
Telecom-related ETFs were also stronger.
DirecTV
(DTV)
was adding 3.8%,
Level 3 Communications
(LVLT)
was gaining 2.2%, and
Verizon
(VZ)
was edging higher by 1.2%.
The
Telecom HOLDRs
(TTH)
was gaining 36 cents, or 1.1%, to $34.57, and the
PowerShares Dynamic Telecom & Wireless
(PTE)
ETF was rising by 20 cents, or 1.1% to $19.03.
On the downside, the
SPDR Biotech
(XBI)
was Monday's worst performing ETF, falling 3.1%.
Vertex Pharmaceuticals
(VRTX)
dropped more than 5%. The ETF was recently losing $1.59 to $49.38.
The
PowerShares Lux Nanotech
(PXN)
ETF was also losing ground after holding
Accelrys
(ACCL)
fell 4%. The ETF was down 18 cents, or 1%, to $17.79.
Oil-related stocks were also lower as crude prices finished weaker. The
United States Oil
(USO)
ETF was losing 1.3% to $52.90, and the
iPath Goldman Sachs Crude Oil Index
(OIL)
ETF was down 1.2% to $38.84.
