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Monday's ETF Winners & Losers

Asia-related funds are Monday's top performers.

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)

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

PowerShares Golden Dragon Halter USX China

(PGJ)

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

SPDR S&P China

(GXC)

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

SPDR S&P Emerging Asia Pacific

(GMF)

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

The

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TheStreet Recommends

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)

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)

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

Morgan Stanley Technology

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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)

,

Hovnanian

(HOV)

,

Pulte Homes

(PHM)

,

Standard Pacific

(SPF)

and

Meritage Homes

(MTH)

all were losing ground.

The

iShares Dow Jones U.S. Home Construction

(ITB)

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

SPDR S&P Homebuilders

(XHB)

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