Wednesday's ETF Winners & Losers

Funds tracking health care and homebuilders are sinking, while energy is rising.
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The

HealthShares Emerging Cancer

(HHJ)

exchange-traded fund was Wednesday's worst performer, recently down 4.7%.

Dendreon

(DNDN)

and

Nuvelo

(NUVO)

both faced downgrades and were lower by 13.7% and 17.6%, respectively. The ETF was recently down $1.33 to $27.09.

The

B2B Internet HOLDRs

(BHH)

ETF was also lower due to rating changes. Holding

Checkfree

(CKFR)

sank 6.7% after JMP Securities downgraded the stock to market perform from strong buy. The ETF was off 10 cents, or 4.6%, to $2.08.

Bundled securities tracking homebuilders were also losing ground, a day after

D.R. Horton

(DHI) - Get Report

eased after the company said fiscal second-quarter new-home orders fell 37% from a year ago. The stock was recently down 2.1%, while

Hovnanian

(HOV) - Get Report

was losing 3.3% and

Lennar

(LEN) - Get Report

was off 3.2%.

The

iShares Dow Jones U.S. Home Construction

(ITB) - Get Report

ETF was recently down 62 cents, or 1.8%, at $33.82. The

SPDR Homebuilders

(XHB) - Get Report

ETF was losing 54 cents, or 1.6%, to $32.32.

On the other hand, the

Internet Infrastructure HOLDRs

(IIH)

ETF was among few winners of the day. Major holding

BEA Systems

(BEAS)

was recently adding 1.6%, and the ETF was climbing a cent, or 0.3%, to $5.34.

Energy-related ETFs were inching higher as crude oil climbed in a volatile session. Earlier, the Energy Department said gasoline stores sank by 5.5 million barrels last week, a much steeper drop than had been expected. Crude stocks were up by 700,000 barrels. May oil futures were adding 9 cents to $61.98 a barrel.

The

PowerShares DB Oil

(DBO) - Get Report

ETF was higher by 7 cents, or 0.3%, to $26.40. The

iPath Goldman Sachs Crude Oil Index

(OIL) - Get Report

was gaining 6 cents, or 0.2%, to $36.88.