Additionally, Netflix’s (NasdaqGS: NFLX) venture into original series hits, such as the recent Marco Polo drama, could also promote growth.
Google, Amazon, Facebook and Netflix make up over 25% of the internet ETFs’ holdings. Specifically, PNQI holds 16% in Google, 7.4% AMZN, 8.4% FB and 4.0% NFLX. FDN includes 9.8% Google, 7.1% FDN, 8.5% FB and 3.3% NFLX.
PowerShares NASDAQ Internet Portfolio
For more information on the tech sector, visit our technology category.
Max Chen contributed to this article.