Tech Bear Claws ETFs Again
The Net- and tech-focused
exchange-traded funds lunged toward new low ground Wednesday, leading broad
declines in the U.S.-focused tradable funds.
The Internet
Infrastructure HOLDR
(
IIH |
Quote |
Chart |
News |
PowerRating) fell 16.6%, the day’s biggest decline among the
exchange-traded funds. Among its components, BEA Systems
(
BEAS |
Quote |
Chart |
News |
PowerRating) dived
33.3%, Exodus Communications
(
EXDS |
Quote |
Chart |
News |
PowerRating) 20.9%, Epiphany
(
EPNY |
Quote |
Chart |
News |
PowerRating) 14.6%.
The B2B Internet HOLDR
(
BHH |
Quote |
Chart |
News |
PowerRating)
13.0%, the Dow Jones Internet iShares
(
IYV |
Quote |
Chart |
News |
PowerRating) 12.9%, the Broadband HOLDR
(
BDH |
Quote |
Chart |
News |
PowerRating)
11.0%, Software HOLDR
(
SWH |
Quote |
Chart |
News |
PowerRating) 9.5%, the Dow Jones Technology iShares
(
IYW |
Quote |
Chart |
News |
PowerRating)
8.0%, the Internet HOLDR
(
HHH |
Quote |
Chart |
News |
PowerRating) 7.6%, the Internet Architecture HOLDR
(
IAH |
Quote |
Chart |
News |
PowerRating)
7.5%, the Technology SPDR
(
XLK |
Quote |
Chart |
News |
PowerRating) 7.4%, the Wireless HOLDR
(
WMH |
Quote |
Chart |
News |
PowerRating) 7.4%, the
Semiconductor HOLDR
(
SMH |
Quote |
Chart |
News |
PowerRating) 7.4%, the Nasdaq 100 Tracking Stock
(
QQQ |
Quote |
Chart |
News |
PowerRating)
6.4%.
The finance-focused ETFs pulled back.
The Financial Services iShares
(
IYG |
Quote |
Chart |
News |
PowerRating) backpedaled 1.0%, the Regional Banking
HOLDR
(
RKH |
Quote |
Chart |
News |
PowerRating) 0.9%, the Dow Jones Financial iShares
(
IYF |
Quote |
Chart |
News |
PowerRating) 0.6%, the
Financial SPDR
(
XLF |
Quote |
Chart |
News |
PowerRating) 0.5%.
