Referenced Stocks

Mid-Day ETF Update: Exchange-Traded Funds Rise Briskly In Broad Market Advance

By MT Newswires November 23, 2012, 01:07:48 PM EDT

Active broad-market exchange-traded funds at mid-day:

SPDR S&P 500 ( SPY ) +1.35%

iShares MSCI Emerging Markets Index ( EEM ): +1.64%

Financial Select Sector SPDR ( XLF ): +1.2%, nearer year highs

PowerShares QQQ Trust, Series 1 ( QQQ ): +1.5%

iShares Russell 2000 Index ( IWN ): +1.1%

Winners and Losers Financial

- Financial Select Sector SPDRs were up more than 1%; Direxion Daily Financial Bull 3X Shares (FAS) were up 3.4% while its bearish counterpart, the Direxion Daily Financial Bear 3X Shares was down 3.5%.

Technology -

Among tech ETFs , the iShares Dow Jones US Technology ETF (IYW) was up 1.7%; the Technology Select Sector SPDR ETF (XLK) up 1.6%; the iShares S&P North American Tech-Software Index (IGM) up 1.25%; and the iShares S&P North American Tech-Software ETF (IGV) 1%.

Among chip-maker ETFs, the SPDR S&P Semiconductor fund (XSD) was up 1.9% while the iShares PHLX SOX Semiconductor Sector fund (SOXX) wa 1.7% higher. The SPDR S&P International Technology Sector ETF was up 2.49%. The Vanguard Industrials ETF up 0.94%. The iShares Dow Jones US Industrial was up 0.91% and the Industrial Select Sector SPDR up 0.96%. The PowerShares Dynamic Software was 0.76% higher and the SPDR Morgan Stanley Technology up 1.06%.

Energy -

Energy ETFs were mostly higher, with the Dow Jones U.S. Energy Fund (IYE) rising 1.4% while the Energy Select Sector SPDR (XLE) was 1.2% higher.

Commodities -

Crude oil for January deliver was up 95 cents at $88.33 per barrel; December natural gas flat at $3.90 per 1 million BTU; December gold up $20.20 to $1,748.40 an ounce while December silver was up 58 cents to $33.82 an ounce. December copper was up 3 cents at $3.52 per pound.

Among energy ETFs, the U.S. Oil Fund (USO) was up 0.6% and the U.S. Natural Gas fund (UNG) had turned slightly positive.

Among precious-metal funds, the SPDR Gold Shares Trust (GLD) was up 1.2% and the iShares Silver Trust (SLV) was 2.1% higher.

Healthcare -

Healthcare ETFs werre higher: The Healthcare SPDR ETF (XLV) up 1.2%; Vanguard Health Care ETF (VHT) up 1.1%; the iShares Dow Jones US Healthcare (IYH) up 1.1%; and the Biotech ETF iShares NASDAQ Biotechnology Index (IBB) up 1.1%.

Consumer -

Consumer ETFs were higher. The Consumer Staples Select Sector SPDR ETF (XLP) was up 1.5%; the iShares Dow Jones US Consumer Goods (IYK) was also up 1.5%; the Vanguard Consumer Staples ETF (VDC) was up 1.4%.

Among retail ETFs, the SPDR S&P Retail ETF (XRT) was up 1.6%; the PowerShares Dynamic Retail fund (PMR) up 1%; Market Vectors Retail ETF (RTH) up 1.2%.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

Referenced Stocks: EEM, IWN, QQQ, SPY, XLF



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