Wednesday's ETF Winners & Losers - TheStreet

Wednesday's ETF Winners & Losers

Funds tracking precious metals rise.
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Exchange-traded funds tracking precious metals were among the few winners of a losing session Wednesday, as gold and silver prices were on the rise.

Recently, gold futures were adding $8.20 to $674.10 an ounce, and silver was higher by 26 cents to $13.27 an ounce.

The

iShares Silver Trust

(SLV) - Get Report

was up $3.56, or 2.8%, to $131.71. The

PowerShares DB Silver

(DBS) - Get Report

was adding 70 cents, or 2.8%, to $26.10.

The

Market Vectors Gold Miners

(GDX) - Get Report

ETF was higher by 94 cents, or 2.3%, to $41.76. The

PowerShares DB Precious Metals

(DBP) - Get Report

ETF rose 38 cents, or 1.5%, to $26.38. The

iShares Comex Gold Trust

(IAU) - Get Report

ETF was climbing by 91 cents, or 1.4%, to $66.72.

Bundled securities following the energy sector were also stronger, following the latest Energy Department inventory report that turned out bullish for prices. Oil was gaining 86 cents to $74.88 and gasoline was up 4 cents to $2.14 a gallon.

The

Ultra Oil & Gas ProShares

(DIG) - Get Report

ETF was adding $2.65, or 2.5%, to $108.60. The

Energy Select Sector SPDR

(XLE) - Get Report

ETF was up $1.15, or 1.6%, to $73.20. The

iShares Dow Jones U.S. Energy

(IYE) - Get Report

ETF was gaining $1.78, or 1.4%, to $127.12, and the

iPath S&P GSCI Crude Oil

(OIL) - Get Report

ETF was rising by 54 cents, or 1.3%, to $41.45.

On the losing side, the semiconductor sector was hit hard, after

Intel

(INTC) - Get Report

disappointed with its second-quarter earnings report following Tuesday's closing bell.

Shares of Intel slumped 5.4%. Other semiconductor stocks fell on the news, including

Texas Instruments

(TXN) - Get Report

,

National Semiconductor

(NSM)

and

Altera

(ALTR) - Get Report

, which were lower by 2.3% or more.

Among ETFs, the

Ultra Semiconductor ProShares

(USD) - Get Report

tumbled $6.22, or 6.3%, to $91.99. The

SPDR S&P Semiconductor

(XSD) - Get Report

ETF was losing $1.57, or 2.7%, to $55.72. The

Semiconductor HOLDRs

(SMH) - Get Report

gave back $1.04, or 2.5%, to $39.96. The

iShares S&P GSTI Semiconductor

(IGW)

ETF was down $1.86, or 2.6%, to $69.02.

Financial-related ETFs were also sliding due to more subprime fallout headlines out of

Bear Stearns

(BSC)

. Earlier, the firm said it has informed stockholders that investments in two subprime-related funds are nearly worthless.

The

Ultra Financials ProShares

(UYG) - Get Report

ETF was falling $3.01, or 4.5%, to $63.65. The

iShares Dow Jones U.S. Financial Services

(IYG) - Get Report

ETF shed $3.59, or 2.7%, to $129.18. The

iShares Dow Jones U.S. Broker-Dealers

(IAI) - Get Report

ETF was down $1.32, or 2.3%, to $55.64.