Wednesday's ETF Winners & Losers

Chip funds are weaker.
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Bundled securities tracking energy exploration were Wednesday's best performers following the Energy Department's weekly inventory report. The January crude contract was recently up $1.06 to $62.05 a barrel. Other energy contracts were also trading higher.

The

Oil Service HOLDRs

(OIH) - Get Report

ETF jumped 3.1% to $144.87. The

SPDR Oil & Gas Equipment & Services

(XES) - Get Report

ETF was gaining 2.9% to $30.58. The

iShares Dow Jones U.S. Oil Equipment Index

(IEZ) - Get Report

ETF was higher by 2.7% to $47.03. The

Energy Select Sector SPDR

(XLE) - Get Report

ETF was adding 2.5% to $59.64.

Also among winners, the

Telecom HOLDRs

(TTH)

exchange-traded fund was higher, thanks to gains of 2.3% or more in

AT&T

(T) - Get Report

,

BellSouth

(BLS)

,

Embarq

(EQ) - Get Report

and

Qwest

(Q)

. The Telecom HOLDRs was up 75 cents, or 2.3%, to $33.62.

On the flipside, ETFs related to metals were lower as both gold and silver futures finished with losses. The

iShares Silver Trust

(SLV) - Get Report

ETF was recently down 1.3% to $135.49. The

streetTRACKS Gold Shares

(GLD) - Get Report

ETF was lower by 0.6% to $63.19.

Semiconductor-related ETFs were also among the worst performers. Among individual names,

Broadcom

(BRCM)

was down by 1.8%,

Integrated Device Technology

(IDTI) - Get Report

was losing 2.6%, and

Texas Instruments

(TXN) - Get Report

was off 1.4%.

The

SPDR Semiconductor

(XSD) - Get Report

was recently down 0.9% to $49.86. The

Semiconductor HOLDRs

(SMH) - Get Report

was edging lower by 0.7% to $34.21. The

PowerShares Dynamic Semiconductors

(PSI) - Get Report

ETF was giving back 0.4% to $17.30.