Wednesday's ETF Winners & Losers

Utility-related funds were among Wednesday's top performers.
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Bundled securities tracking utilities were among the best performers of Wednesday's wild session.

Among individual names,

Exelon

(EXC) - Get Report

,

American Electric Power

(AEP) - Get Report

,

Edison International

(EIX) - Get Report

and

FirstEnergy

(FE) - Get Report

were all rising by 2.6% or more.

The

Ultra Utilities ProShares

(UPW) - Get Report

was adding $1.74, or 2.4%, to $74.73. The

PowerShares FTSE RAFI Utilities

(PRFU)

gained $1.24, or 2.3%, to $56.30. The

Utility HOLDRs

(UTH)

was higher by $2.22, or 1.6%, to $138.73. The

PowerShares Dynamic Utilities

(PUI) - Get Report

was up 29 cents, or 1.6%, to $18.57.

The

United States Natural Gas

(UNG) - Get Report

ETF was also climbing, as natural gas was gaining 21 cents to $6.40 per million British thermal units. The ETF added $1.33, or 3.4%, to $40.69.

A ramp up in shares of

Merck

(MRK) - Get Report

boosted several pharmaceutical ETFs. On Tuesday, a New Jersey court ruled that English and Welsh patients cannot sue the company over health problems emanating from the use of the painkiller Vioxx. Shares of Merck were up 2.3%.

The

SPDR S&P Pharmaceuticals

(XPH) - Get Report

rose 31 cents, or 0.9%, to $33.30. The

Pharmaceutical HOLDRs

(PPH) - Get Report

was gaining 81 cents, or 1.1%, to $77.70. The

iShares Dow Jones U.S. Pharmaceuticals

(IHE) - Get Report

was up 5 cents, or 0.1%, to $52.54.

On the other hand, ETFs tracking REITs and the housing sector were lower on fears of spreading credit problems. First,

Bear Stearns

(BSC)

said that it is facing losses in a third mortgage-related fund. Additionally, rumors abounded that

Beazer Homes

(BZH) - Get Report

had a liquidity problem that could lead to a bankruptcy filing. The company later denied the rumor, but not before it took down the rest of the homebuilder stocks.

The

iShares FTSE NAREIT Retail

(RTL) - Get Report

was losing $2.50, or 6.2%, to $38.18. The

iShares FTSE NAREIT Mortgage REITs

(REM) - Get Report

was lower by $2.35, or 6.7%, to $32.50. The

Ultra Real Estate ProShares

(URE) - Get Report

slumped $1.19, or 2.9%, to $40.06.

Elsewhere, the

iShares Dow Jones U.S. Home Construction

(ITB) - Get Report

was losing 96 cents, or 3.6%, to $25.60. The

SPDR S&P Homebuilders

(XHB) - Get Report

was down 59 cents, or 2.2%, to $25.87.