What does the sharp move up in KRFT mean to the ETF world? The stock has its highest weighting in PBJ (PowerShares Dynamic Food and Beverage, Expense Ratio 0.63%) at about 5.29%, making it the second largest holding in the fund of thirty one stocks in the sector.
Other notable KRFT weighted funds are CSD (Guggenheim Spin-Off, Expense Ratio 0.66%, 4.59% weighting), FPX (First Trust IPOX-100 Index, Expense Ratio 0.60%, 3.60% weighting), and SDOG (ALPS Sector Dividend Dogs, Expense Ratio 0.40%, 2.20% weighting), with all of the aforementioned funds benefitting nicely today from the vault in KRFT shares.
PowerShares Dynamic Food & Beverage Portfolio
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