Netflix Posts Positive Q3 Earnings

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Shares of the popular streaming service, Netflix (NFLX), jumped 13% on Wednesday after reporting positive Q3 earnings of $7.93 billion as well as acquiring 2.41 million new users when they were only expected to receive 1 million. A note from Netflix to shareholder states, “After a challenging first half, we believe we’re on a path reaccelerate growth. The key is pleasing members.”

Here are a few ETFs with a lot of exposure to NFLX:

MicroSectors FANG+ ETN (FNGS) 9.18%

ProShares On-Demand ETF (OND) 6.52%

First Trust S-Network Streaming and Gaming ETF (BNGE) 6.50%

Global X Cloud Computing ETF (CLOU) 6.49%

Invesco Dynamic Media ETF (PBS) 5.90%


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