AT&T Woos Time Warner, Putting Spotlight on Media ETF

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The PowerShares Dynamic Media Portfolio has a 5.2% tilt toward TWX. PBS tracks companies engaged in the development, production, sale and distribution of goods or services used in the media industry. The underlying index selects components based on price momentum, earnings momentum, quality, management action, and value.

The PowerShares Dynamic Leisure and Entertainment Portfolio includes a 5.2% position in TWX. PEJ tracks a number of companies engaged in the design, production or distribution of goods or services in the leisure and entertainment industries. The fund also follows an alternative indexing methodology that screens components based on price momentum, earnings momentum, quality, management action and value.

For more information on the media sector, visit our media category.

PowerShares Dynamic Media Portfolio (NYSEArca: PBS)