For example, the PowerShares Dynamic Media Portfolio (NYSEArca: PBS), which tracks an Intellidex index, features one of the largest weight to Netflix at 4.8%. The stock is the ETF’s eighth-largest holding. [The Best March Madness ETF]
In addition to PBS and PNQI, another PowerShares ETF, the PowerShares DWA Consumer Cyclicals Momentum Portfolio (NYSEArca: PEZ), has 3.5% weight to Netflix. PEZ, which recently switched indices, did not even have Netflix in its lineup at the end of last year.
Netflix is also a top-10 holding in the SPDR Morgan Stanley Technology ETF (NYSEArca: MTK) with a weight of 3.2%. Like PEZ, MTK did not feature Netflix among its top-10 holdings at the end of 2013.
PowerShares DWA Consumer Cyclicals Momentum Portfolio
