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Wednesday's ETF Winners & Losers

Gold-tracking funds advance.
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The broad-based rally in stocks was spilling over into the exchange-traded fund market Wednesday, and most sectors were in positive territory.

As February-dated gold bullion contracts rose $3.40 to $630.30 an ounce, ETFs tracking the gold market advanced, as well. The

Market Vectors Gold Miners ETF

(GDX)

was gaining 1.5% to $39.61, and the

streetTracks Gold Shares

(GLD)

was up 0.5% to $62.28.

Following word that the pace of new U.S. home sales was picking up, the

SPDR Homebuilders ETF

(XHB)

tacked on 1.4% to $37.25.

Despite another drop in crude oil futures, the

Oil Service HOLDRs

(OIH)

overcame the pullback and rose 0.7% to $140.97. The

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PowerShares Dynamic Oil Services Portfolio

(PXJ)

was higher by 0.9% to $20.03.

Among the few losers were the

UltraShort MidCap400 ProShares

(MZZ)

, down 1.6%; the

UltraShort S&P 500 ProShares

(SDS)

, off 1.4%; and the

UltraShort Dow 30 ProShares

(DXD)

, lower by 1.3%.

Turning to widely held ETFs, the

SPDRs

(SPY)

gained 0.7% to $142.52, the

Dow Diamonds

(DIA)

rose 0.8% to $124.91, and the

Nasdaq 100 Tracking Stock

(QQQQ)

was ahead by 0.6% at $43.39.