Tech ETFs Make More Progress
The tech-focused
exchange-traded funds pulled higher Tuesday as investors scooped up their
component stocks. The tradable financial industry funds had a positive
day as well. And substantial buying occurred in the Basic Industry SPDR and component stocks.
The Internet
Infrastructure HOLDR
(
IIH |
Quote |
Chart |
News |
PowerRating) jumped 22.6%, the day’s biggest gain among the
exchange-traded funds. Akamai Technologies
(
AKAM |
Quote |
Chart |
News |
PowerRating) rose 21.6%, BEA Systems
(
BEAS |
Quote |
Chart |
News |
PowerRating)
21.0%, Openwave Systems
(
OPWV |
Quote |
Chart |
News |
PowerRating) 14.4%.
The B2B Internet HOLDR
(
BHH |
Quote |
Chart |
News |
PowerRating)
gained 14.4%, the Dow Jones Internet iShares
(
IYV |
Quote |
Chart |
News |
PowerRating) 14.2%, the Broadband
HOLDR
(
BDH |
Quote |
Chart |
News |
PowerRating) 12.3%, the Software HOLDR
(
SWH |
Quote |
Chart |
News |
PowerRating) 10.2%, the Dow Jones
Technology iShares
(
IYW |
Quote |
Chart |
News |
PowerRating) 9.8%, the Semiconductor HOLDR
(
SMH |
Quote |
Chart |
News |
PowerRating) 9.5%, the
Internet Architecture HOLDR
(
IAH |
Quote |
Chart |
News |
PowerRating) 8.4%, the Wireless HOLDR
(
WMH |
Quote |
Chart |
News |
PowerRating) 7.0%.
The Basic Industries SPDR
(
XLB |
Quote |
Chart |
News |
PowerRating) moved ahead 4.5%, clearing resistance at 21 7/16 on heavy volume. Among its major
components, DuPont
(
DD |
Quote |
Chart |
News |
PowerRating) added 5.0%, Alcoa
(
AA |
Quote |
Chart |
News |
PowerRating) 4.7%, International Paper
(
IP |
Quote |
Chart |
News |
PowerRating)
5.7%.
The Dow Jones Financial
Services iShares
(
IYG |
Quote |
Chart |
News |
PowerRating) picked up 3.4%, the Financial SPDR
(
XLF |
Quote |
Chart |
News |
PowerRating) 2.9%,
the Dow Jones Financial iShares
(
IYF |
Quote |
Chart |
News |
PowerRating) 2.6%, the Regional Banking HOLDR
(
RKH |
Quote |
Chart |
News |
PowerRating)
2.4%.
