As if Baidu, Facebook and TripAdvisor are not enough reasons for traders to have PNQI on their Thursday radar screens, Amazon.com (NasdaqGM: AMZN) reports earnings after the close. Amazon is PNQI’s largest holding with a weight of almost 8.4%. Combined, Amazon, Baidu, Facebook and TripAdvisor are about 23.1% of the ETF’s weight.
PNQI, which is five years old and home to 81 stocks, has $85.6 million in assets under management. The ETF’s annual expense ratio is 0.6%.
PowerShares NASDAQ Internet Portfolio
ETF Trends editorial team contributed to this post. Tom Lydon’s clients own shares of Amazon and Facebook.