Keep An Eye On Large-Cap Quality With This ETF (PWV)
If you're looking to add some large cap exposure to your portfolio with an ETF, the ETF Professor suggests taking a look at the PowerShares Dynamic Large Cap Value ETF (NYSE: PWV).
PWV's top holding is Goldman Sachs (NYSE: GS) at 3.69% of assets and other top holdings include high-quality names such as Johnson & Johnson (NYSE: JNJ), AT&T (NYSE: T) and Walt Disney (NYSE: DIS).
PWV is also a way to get some Comcast (Nasdaq: CMCSA) exposure, which could prove useful in the wake of the cable giant's acquisition of a 51% stake in NBC Universal. Comcast is another top holding in PWV.
While Goldman is down over the past month, the overall diversification in PWV keeps investors relatively safe from Goldman's wild swings. In addition, small caps and large caps have shown some signs of diverging recently, so if investors start to favor the latter, PWV becomes an ideal way to play a flight to quality.
