Tech ETFs Finish Week Up
The crumbling Dow and resilient Nasdaq
this week wrote their stories in the tradable funds. The tech-focused exchange-traded
funds led their peers for the week ended Friday while biotech, consumer service, utilities,
basic materials and financials ended lower for the week.
The Semiconductor HOLDR
(
SMH |
Quote |
Chart |
News |
PowerRating) rose
13.9% for the week, the biggest gain for the week among the ETFs. The Broadband
HOLDR
(
BDH |
Quote |
Chart |
News |
PowerRating) gained 9.9%, the Internet Infrastructure HOLDR
(
IIH |
Quote |
Chart |
News |
PowerRating) 8.9%,
the Software HOLDR
(
SWH |
Quote |
Chart |
News |
PowerRating) 7.3%, the Dow Jones Technology iShares
(
IYW |
Quote |
Chart |
News |
PowerRating)
7.1%, the Internet Architecture HOLDR
(
IAH |
Quote |
Chart |
News |
PowerRating) 6.0%, the Dow Jones Internet
iShares
(
IYV |
Quote |
Chart |
News |
PowerRating) 5.5%, the Technology SPDR
(
XLK |
Quote |
Chart |
News |
PowerRating) 5.3%.




On the downside, the Biotech HOLDR
(
BBH |
Quote |
Chart |
News |
PowerRating)
shed 8.1% for the week, the Consumer Services SPDR
(
XLV |
Quote |
Chart |
News |
PowerRating) 4.7%, the Dow Jones
Utilities iShares
(
IDU |
Quote |
Chart |
News |
PowerRating) 4.7%, the Utility HOLDR
(
UTH |
Quote |
Chart |
News |
PowerRating) 4.5%.



The Dow Jones Telecommunications
iShares
(
IYZ |
Quote |
Chart |
News |
PowerRating) lost 3.8%, the Dow Jones Basic Materials iShares
(
IYM |
Quote |
Chart |
News |
PowerRating)
3.7%, the Industrial SPDR
(
XLI |
Quote |
Chart |
News |
PowerRating) 3.5%.


The Dow Jones Financial Services
iShares
(
IYG |
Quote |
Chart |
News |
PowerRating) declined 3.4%, the Financial SPDR
(
XLF |
Quote |
Chart |
News |
PowerRating) 3.0%, the Regional
Banking HOLDR
(
RKH |
Quote |
Chart |
News |
PowerRating) 2.8%, the Dow Jones Financial iShares
(
IYF |
Quote |
Chart |
News |
PowerRating) 2.8%.


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