Research In Motion and Apple Inc Tug Technology ETFs In Different Directions

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April 1, 2010 11:52am NASDAQ:QQQQ NYSE:IYW

“Wireless HOLDR (WMH) and SPDR Morgan Stanley Technology (MTK) could be in store for declines. Research in Motion (RIMM) continues its evening slide after missing the Street’s


 expectations with its improved profit,” ONN TV Reports.

They go on to say, “(RIMM) reported Q4 revs of $4.08 bln, up 18% from $3.46 bln in the same quarter last year but below the Street view of $4.31 bln. Earnings were $1.27 per share, up from $0.90 per share a year ago and a penny shy of the analyst mean of $1.28 per share on Thomson Reuters.”

“For Q1, the company is targeting revenue in the range of $4.25 to $4.45 bln and EPS of $1.31 to $1.38 per share. The Street is at $4.32 bln in revenue and earnings of $1.22 per share,” ONN TV Reports.

“(RIMM) is most famous for producing the popular Blackberry cell phone, which was an early leader in the now-burgeoning smartphone sector. The Blackberry has managed to retain much of its popularity recently despite the enormous success of Apple’s (AAPL) iPhone. Due to the popularity of smartphones, many networks have even reported problems from an excess of demand for data transfers. This trend has continued to the extent that many smartphones now come equipped with the capability to download data from Wi-Fi internet connections in addition to wireless phone signals,” Don Dion Reports From The Street.

Research In Motion’s (RIMM) disappointing numbers are taking a toll on some technology ETFs despite the market surging in today’s trading.  Investors may take this opportunity to buy on dips if you believe Research In Motion (RIMM) is there for the long haul. There is also some talk on Apple’s (AAPL) iPhone taking market share from Research In Motion in the cell phone business which could be why numbers were down.

Investors need to educate themselves and should always look into how ETFs are weighted in technology ETFs as many ETFs have more exposure to some Tech firms than others or don’t even include them.  Research In Motion (RIMM) and Apple Inc. (AAPL) are weighted very differently in many technology ETFs. Investors must always be aware of what they are investing in as these ETFs can swing in any direction based on a single company’s report.

We put together some details on Wireless HOLDR ETF (WMH) and the SPDR Morgan Stanley Technology ETF (MTK) below including the holdings of each ETF below.  Note that the Wireless HOLDR ETF does not even include Apple Inc. (AAPL) although it is a Wireless Holder ETF?

The investment ETF (WMH) seeks to diversify your investment in the wireless telecommunications industry through a single, exchange-listed instrument representing your undivided beneficial ownership of the underlying securities. The investment holds securities issued by specified companies, traded on U.S. stock markets that, when initially selected, were involved in the wireless telecommunications industry. Except when a reconstitution event, distribution of securities by an underlying issuer or other event occurs, the group of companies will not change.

Stock Name Ticker Amount Weighting
Reuters Crb Continuous Comod (CCI) 4.00   29.11%  
Centurytel Inc (CTL) 2.11   1.18%  
Deutsche Telekom AG (DT) 18.48   3.91%  
LM Ericsson Telephone Co (ERIC) 14.80   2.46%  
Motorola Inc (MOT) 41.00   4.56%  
Nokia Corp (NOK) 23.00   5.67%  
QUALCOMM Inc (QCOM) 26.00   17.12%  
RF Micro Devices Inc (RFMD) 4.00   0.32%  
Research in Motion Limited (RIMM) 12.00   13.07%  
Sprint Nextel Corp (S) 30.78   1.87%  
SK Telecom Co Ltd (SKM) 17.00   4.62%  
United States Cellular Corp (USM) 1.00   0.66%  
Vivo Participacoes S A (VIV) 0.75   0.32%  
Vodafone Group PLC (VOD) 18.38   6.68%  
Verizon Communications Inc (VZ) 17.00   8.29%  
Windstream Corp (WIN) 1.11   0.19%

 Chart for Wireless HOLDRs (WMH)
The SPDR® Morgan Stanley Technology ETF (MTK), before expenses, seeks to closely match the returns and characteristics of the Morgan Stanley Technology Index (ticker: MSH). Our approach is designed to provide portfolios with low portfolio turnover, accurate tracking, and lower cost.

Fund Name: SPDR Morgan Stanley Technology ETF  
Ticker Symbol: MTK      
Holdings: As Of 03/31/2010  
Name Weight Ticker Sector HELD
Sony Corp 3.59 (SNE) Consumer Discretionary 221252
Nokia Corp 3.35 (NOK) Information Technology 508922
Apple Inc 3.22 (AAPL) Information Technology 32373
Ebay Inc 3.19 (EBAY) Information Technology 279538
Juniper Networks Inc 3.16 (JNPR) Information Technology 242762
Ericsson L M Tel Co 3.1 (ERIC) Information Technology 700142
Intel Corp 3.05 (INTC) Information Technology 323318
Intuit 3.02 (INTU) Information Technology 207943
Cisco Sys Inc 3 (CSCO) Information Technology 271645
Flextronics Intl Ltd 2.98 (FLEX) Information Technology 898742
Salesforce Com Inc 2.94 (CRM) Information Technology 93333
Dell Inc 2.93 (DELL) Information Technology 461187
Activision Blizzard Inc 2.92 (ATVI) Information Technology 572956
Infosys Technologies Ltd 2.88 (INFY) Information Technology 115771
Amazon Com Inc 2.84 (AMZN) Consumer Discretionary 49314
Research In Motion Ltd 2.84 (RIMM) Information Technology 90496
Oracle Corp 2.83 (ORCL) Information Technology 260279
Broadcom Corp 2.83 (BRCM) Information Technology 201042
Automatic Data Processing I 2.82 (ADP) Information Technology 149584
E M C Corp Mass 2.79 (EMC) Information Technology 365393
Sap Ag 2.79 (SAP) Information Technology 136755
Nvidia Corp 2.78 (NVDA) Information Technology 376666
Hewlett Packard Co 2.77 (HPQ) Information Technology 123068
Yahoo Inc 2.75 (YHOO) Information Technology 392539
Accenture Plc Ireland 2.72 (ACN) Information Technology 153157
International Business Mach 2.69 (IBM) Information Technology 49561
Applied Matls Inc 2.66 (AMAT) Information Technology 465940
Netapp Inc 2.63 (NTAP) Information Technology 190699
Microsoft Corp 2.6 (MSFT) Information Technology 209511
Texas Instrs Inc 2.58 (TXN) Information Technology 248868
Google Inc 2.56 (GOOG) Information Technology 10638
Adobe Sys Inc 2.54 (ADBE) Information Technology 169777
Seagate Technology 2.53 (STX) Information Technology 327048
Qualcomm Inc 2.53 (QCOM) Information Technology 142165
Analog Devices Inc 2.5 (ADI) Information Technology 205152
State Str Instl Liquid Resvs 0.08 85749P9A Unassigned 181119

Chart for SPDR Morgan Stanley Technology (MTK)


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