Tuesday's ETF Winners & Losers - TheStreet

ETFs related to oil services were stronger Tuesday, even as crude for October delivery was falling 81 cents to $69.80 a barrel. The National Hurricane Center said Tropical Storm Ernesto was about 135 miles southeast of Florida and was expected to strengthen before making landfall, sparing the Gulf of Mexico.

The

Oil Service HOLDRs

(OIH) - Get Report

ETF was adding 0.5% to $136.50. The

iShares Dow Jones U.S. Oil Equipment Index

(IEZ) - Get Report

ETF was gaining 0.4% to $44.47. The

PowerShares Dynamic Oil & Gas Services

(PXJ) - Get Report

ETF was higher by 0.8% to $19.69.

Other commodity funds were moving to the upside. The

iShares Silver Trust

(SLV) - Get Report

ETF was recently up $1.76, or 1.5%, to $122.08, and the

iShares Comex Gold Trust

(IAU) - Get Report

ETF was tacking on 6 cents, or 0.1% to $61.01.

Meanwhile, energy-exploration ETFs were falling. The

PowerShares Dynamic Energy Exploration

(PXE) - Get Report

ETF was sinking by 0.9% to $19.27, and the

iShares Dow Jones U.S. Oil & Gasoline Exploration Index

(IEO) - Get Report

ETF was losing 0.8% to $49.59.

Bundled securities tracking the financial sector were suffering after Punk Ziegel downgraded several brokerages. The firm dropped

Merrill Lynch

( MER),

Goldman Sachs

(GS) - Get Report

,

Bear Stearns

( BSC),

Lehman Brothers

( LEH) and

Morgan Stanley

(MS) - Get Report

to market perform from buy.

The

iShares Dow Jones U.S. Broker-Dealers

(IAI) - Get Report

ETF was losing 1.2% to $44.19. The

streetTRACKS KBW Capital Markets

(KCE) - Get Report

ETF fell 1.2% to $56.79. The

Regional Bank HOLDRs

(RKH)

ETF was off 0.7% to $152.57. The

Financial Select Sector SPDR

(XLF) - Get Report

was down 0.5% to $33.29.

Among other losers, the

Software HOLDRs

(SWH)

ETF was lower as major holding

Adobe Systems

(ADBE) - Get Report

fell 3.6%. The software maker faced pressure after news that

Microsoft

(MSFT) - Get Report

will launch its own application to create PDF files.

The Software HOLDRs ETF was sliding by 22 cents, or 0.6%, to $36.05.