Monday's ETF Winners & Losers - TheStreet

Monday's ETF Winners & Losers

Funds tracking financial companies were up, while silver and oil fell.
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Exchange-traded funds tracking financials followed the major markets higher Monday, as shares of

Sallie Mae

(SLM) - Get Report

and

Citigroup

(C) - Get Report

climbed on positive news.

Student lender Sallie Mae said it will be acquired by an investor group led by J.C. Flowers in a $25 billion transaction, and shares were up 17.6%. Elsewhere, Citigroup posted first-quarter earnings that beat estimates. Citigroup was adding 3.2%.

Wachovia

(WB) - Get Report

also posted a first-quarter profit that topped forecasts.

The

Ultra Financials ProShares

(UYG) - Get Report

ETF was recently up 3.7% at $67.68. The

iShares Dow Jones U.S. Financial Services

(IYG) - Get Report

ETF was adding 2.7% to $131.81. The

Financial Select Sector SPDR

(XLF) - Get Report

ETF was higher by 2.4% to $36.57. The

iShares Dow Jones U.S. Broker-Dealers

(IAI) - Get Report

climbed 2.5% to $55.50.

The

B2B Internet HOLDRs

(BHH)

ETF was also gaining ground, as holding

Checkfree

(CKFR)

rose 2.9% in early trading. The ETF was gaining 5 cents, or 2.3%, to $2.19.

Meanwhile, ETFs tracking silver were among the day's losers. Silver futures were losing 17.5 cents to $13.91 an ounce. The

PowerShares DB Silver

(DBS) - Get Report

was losing 1.1% to $27.34. The

iShares Silver Trust

(SLV) - Get Report

was lower by 1% to $138.55.

Energy-related ETFs were falling as crude oil retraced early gains in a volatile session. May oil futures were tumbling 83 cents to $62.80 a barrel.

The

iPath Goldman Sachs Crude Oil Index

(OIL) - Get Report

was giving back 52 cents, or 1.3%, to $37.25. The

United States Oil

(USO) - Get Report

ETF was lower by 66 cents, or 1.3%, to $50.86. The

PowerShares DB Oil

(DBO) - Get Report

ETF was off 14 cents, or 0.5%, to $26.44.