Tuesday's ETF Winners & Losers
Exchange-traded funds tracking mining and metal stocks were among the day's worst performers, as gold, silver and copper futures were losing ground.
Gold futures was losing $6 to $653 an ounce. The
PowerShares DB Base Metals
(DBB) - Get Report
was down 52 cents, or 2%, to $26.21. The
SPDR S&P Metals & Mining
(XME) - Get Report
ETF was falling $1.01, or 1.6%, to $62. The
Market Vectors Gold Miners
(GDX) - Get Report
fell 46 cents, or 1.2%, to $37.77. The
Market Vectors Steel
(SLX) - Get Report
was lower by 80 cents, or 1.2%, to $64.28. The
iShares Silver Trust
(SLV) - Get Report
was down 92 cents, or 0.8%, to $130.62.
Energy-related ETFs were also among the losers Tuesday, as the front-month July contract was down 63 cents to $65.34 a barrel.
The
SPDR S&P Oil & Gas Equipment & Services
(XES) - Get Report
ETF was shedding 49 cents, or 1.4%, to $35.65. The
PowerShares Dynamic Oil & Gas Services
(PXJ) - Get Report
was lower by 31 cents, or 1.2%, to $24.67. The
iShares Dow Jones U.S. Oil Equipment Index
(IEZ) - Get Report
ETF was recently down 62 cents, or 1.1%, to $55.38.
Bundled securities tracking semiconductors were also among the biggest decliners. Following Monday's close,
Texas Instruments
(TXN) - Get Report
slipped 2.2% after the chipmaker tightened its earnings forecast and lowered its revenue expectations a bit.
The
Ultra Semiconductor ProShares
(USD) - Get Report
ETF was shedding $1.10, or 1.4%, at $76.34. The
SPDR S&P Semiconductor
(XSD) - Get Report
ETF eased 29 cents, or 0.6% to $51.61. The
Semiconductor HOLDRs
(SMH) - Get Report
ETF was recently down 13 cents, or 0.1%, to $36.46. The
PowerShares Dynamic Semiconductors
(PSI) - Get Report
ETF was lower by 7 cents, or 0.4%, at $18.96.
The
HealthShares Emerging Cancer
(HHJ)
ETF was also losing ground, thanks to a nearly 3% slide in shares of
Dendreon
(DNDN)
. The HealthShares Emerging Cancer ETF was recently down 46 cents, or 2%, to $22.89.
On the other hand, the
iShares Dow Jones U.S. Broker-Dealers
(IAI) - Get Report
ETF was one of very few winners of Tuesday's session. Before the opening bell,
Lehman Brothers
(LEH)
posted a second-quarter profit that jumped 27% from a year ago and topped the Thomson First Call forecast.
Shares of Lehman were up 2%, and the ETF was adding 14 cents, or 0.3%, to $56.89.
