In addition to Netflix, the $223.1 million PNQI is home to several high price tag Internet names, including Amazon (NasdaqGS: AMZN), Google (NasdaqGS: GOOG ) and Priceline (NasdaqGS: PCLN).
Among actively managed ETFs, the ARK Web x.0 ETF (NYSEArca: ARKW) has one of the largest allocations to Netflix. [ETFs for Game-Changing Stocks]
ARKW “invests in companies that are transforming every sector of the economy, thanks to Internet enabled innovation. These changes cut across sectors and are accelerating thanks to social, mobile, and local technological breakthroughs, which are transforming consumer and business behavior,” according to New York-based ARK Investment Management.
Earlier this year, ARKW had a 5.8% weight to Netflix, which has since been pared to 4%, according to issuer data.
ARKW is up 9.4% over the past 90 days.
PowerShares NASDAQ Internet Portfolio
