Monday's ETF Winners & Losers

Exchange-traded funds tracking Asian markets were among the best performers Monday, as indices in China, Hong Kong, Thailand and Indonesia rose overnight.

Hong Kong's Hang Seng jumped 2.7%, China's CSI 300 Index gained 0.8%, Indonesia's Jakarta Index added 0.8% and Thailand's Stock Exchange finished up 0.6%.

The

iShares FTSE/Xinhua China 25 Index

(FXI) - Get Report

was higher by $4.68, or 2.8%, to $173.16. The

PowerShares Golden Dragon Halter USX China

(PGJ) - Get Report

rose 83 cents, or 2.7%, to $32.11. The

SPDR S&P China

(GXC) - Get Report

was adding $2.05, or 2.3%, to $90.60. The

SPDR S&P Emerging Asia Pacific

(GMF) - Get Report

was up $1.61, or 1.9%, to $86.07.

The

Broadband HOLDRs

(BDH)

was rising after RBC Capital Markets upgraded

Motorola

(MOT)

to outperform from sector perform, citing improvements in the company's handset unit. The ETF was recently up 17 cents, or 1.1%, to $15.39.

Several other technology ETFs were also gaining ground, thanks to broker actions.

EMC

(EMC)

was higher after Bear Stearns and Citigroup both upgraded the stock. Meanwhile, Citigroup reiterated a buy on

Apple

(AAPL) - Get Report

and lifted its target by $25 to $185.

The

Internet Architecture HOLDRs

(IAH)

was adding 42 cents, or 0.8%, to $52.95. The

iShares Dow Jones U.S. Technology

(IYW) - Get Report

was up 36 cents, or 0.6%, to $62.21. The

Morgan Stanley Technology

(MTK)

ETF gained 33 cents, or 0.5%, to $65.72.

On the flip side, homebuilders were among the worst performers. Among individual names,

Beazer Homes

(BZH) - Get Report

,

Hovnanian

(HOV) - Get Report

,

Pulte Homes

(PHM) - Get Report

,

Standard Pacific

(SPF)

and

Meritage Homes

(MTH) - Get Report

all were losing ground.

The

iShares Dow Jones U.S. Home Construction

(ITB) - Get Report

eased 90 cents, or 4%, to $21.50. The

SPDR S&P Homebuilders

(XHB) - Get Report

lost 77 cents, or 3.3%, to $22.50.