Wednesday's ETF Winners & Losers
Exchange-traded funds tracking the financial sector were among the few winners of Wednesday's session, thanks to advances in several broker names.
Recently,
Bear Stearns
(BSC)
,
Charles Schwab
(SCHW)
,
CME Group
(CME)
and
Morgan Stanley
(MS)
were all higher by 1.5% or more.
The
Ultra Financials ProShares
TheStreet Recommends
(UYG)
was rising $1, or 1.8%, to $57.30. The
iShares Dow Jones U.S. Broker-Dealers
(IAI)
was up 76 cents, or 1.5%, to $51.48. The
KBW Regional Banking
(KRE)
added 58 cents, or 1.3%, to $44.76. The
WisdomTree International Financial
(DRF)
was gaining 30 cents, or 1.1%, to $28.47.
Bundled securities related to the semiconductor sector were also higher.
National Semiconductor
(NSM)
,
Intel
(INTC)
and
Texas Instruments
(TXN)
were all higher by 1% or more.
The
Ultra Semiconductor ProShares
(USD)
rose $1.61, or 1.8%, to $89.96. The
SPDR S&P Semiconductor
(XSD)
was up 75 cents, or 1.4%, to $55.69. The
PowerShares Dynamic Semiconductors
(PSI)
was adding 17 cents, or 0.9%, to $19.02.
On the other hand, ETFs tracking gold and silver were among the worst performers of Wednesday's session. Recently, gold prices were losing $4.60 to $734.20 an ounce. Silver was down 13 cents to $13.48 an ounce. Copper and other precious metals were also lower.
The
Market Vectors Gold Miners
(GDX)
was down 64 cents, or 1.4%, to $43.95. The
iShares Silver Trust
(SLV)
eased 74 cents, or 0.6%, to $132.93. The
iShares Comex Gold Trust
(IAU)
was losing 22 cents, or 0.3%, to $72.24.
Bundled securities tracking homebuilders were also among the biggest losers. Among individual names,
D.R. Horton
(DHI)
,
Lennar
(LEN)
,
Standard Pacific
(SPF)
and
Meritage Homes
(MTH)
were losing 1.4% or more.
The
iShares Dow Jones U.S. Home Construction
(ITB)
was shedding 23 cents, or 1.1%, to $20.25. The
SPDR S&P Homebuilders
(XHB)
was falling 22 cents, or 1%, to $21.43.
