Energy ETFs Up, Tech ETFs Pull Back
The energy- and utility- focused exchange-traded funds
led their peers Monday as the tech-focused ETFs pulled back.
The Dow Jones Energy iShares
(
IYE |
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PowerRating)
gained 2.9%, the day’s biggest gain among the tradable funds. The Energy SPDR
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XLE |
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PowerRating)
added 2.7%.
The Utility HOLDR
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UTH |
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PowerRating) picked up
2.5%, the Dow Jones Utilities iShares
(
IDU |
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PowerRating) 1.9%.
On the downside, the Internet
Infrastructure HOLDR
(
IIH |
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PowerRating) lost 11.7%, the day’s sharpest decline among the
exchange-traded funds. The Broadband HOLDR
(
BDH |
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PowerRating) gave up 9.3%, the B2B
Internet HOLDR
(
BHH |
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PowerRating) 9.2%, the Dow Jones Internet iShares
(
IYV |
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PowerRating) 7.5%,
the Nasdaq 100 Tracking Stock
(
QQQ |
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PowerRating) 7.5%, the Software HOLDR
(
SWH |
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PowerRating) 7.3%,
the Dow Jones Technology iShares
(
IYW |
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PowerRating) 6.7%, the Semiconductor HOLDR
(
SMH |
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PowerRating)
5.8%.
