was Wednesday's best-performing ETF, up 2.4%, as major holding
Combined with jumps in
, Motorola also supported the
ETF, which was recently higher by 33 cents, or 2%, to $17.06.
Bundled securities tracking semiconductors were also advancing. Among the strongest stock performers,
was up 3.8%,
Advanced Micro Devices
was gaining 2%, and
was tacking on nearly 1%.
PowerShares Dynamic Semiconductors
ETF was rising by 1.7% to $16.95. The
iShares Goldman Sachs Semiconductor
ETF was higher by 1.6% to $60.84. The
ETF was tacking on 1.1% to $34.28.
ETFs related to oil services were weaker, as oil prices sank to their lowest levels in two months following the Energy Department's bearish weekly inventory report. Crude recently traded down 31 cents to $69.40 a barrel, having touched an intraday low of $68.65.
PowerShares Dynamic Energy Exploration
ETF was sinking by 2.5% to $18.88. The
iShares Dow Jones U.S. Oil Equipment Index
ETF was falling by 2.1% to $43.86. The
Oil Service HOLDRs
ETF was losing 1.8% to $134.95.
Housing construction ETFs were also falling after JPMorgan Chase downgraded homebuilder
to neutral from overweight, pressuring the sector.
iShares Dow Jones U.S. Home Construction
ETF was losing 0.8% to $35.17, while the
ETF was lower by 0.6% to $31.09.