With GE's announcement that it's cutting its dividend from $0.12 per share down to a penny, let's take a look at the ETFs with the largest positions in GE.Not surprisingly, industrials ETFs dominate this list, but perhaps more interesting is which dividend ETFs show up. GE's dividend yield has routinely been around the 3% level for the past several years. Many dividend ETFs, especially those focused on dividend growth or quality, have long since abandoned GE in their portfolios, but those that focus strictly on dividend yield may still own it.The Oppenheimer S&P Ultra Dividend Revenue ETF (RDIV) is the biggest with a 4%+ stake. RDIV is up fractionally so it appears that the immediate damage is limited. The ALPS Sector Dividend Dogs ETF (SDOG) is the other biggie, but its position is relatively minor. SDOG is also up marginally today as well.Industrials ETFs are currently trailing the 1% gains of both the Dow and the S&P 500, but are still up roughly 0.7% on the day.