The Traderszone Network

Published in TZ Latest News 16 July, 2015 by The TZ Newswire Staff

Netflix Stock Jump Puts Glitz On Internet ETFs

ETFs with hefty stakes in Netflix (NFLX) plowed ahead on the stock market today, buoyed by its better-than-expected Q2 results late Wednesday. First Trust Dow Jones Internet (FDN), a $3.11 billion ETF with 4.5% of assets allocated to the Internet TV service, advanced 1.9%. ARK Web x.0 (ARKW) edged up 1.4% on higher-than-average volume, First Trust ISE Cloud Computing (SKYY) 1.1% and PowerShares Nasdaq Internet (PNQI) 2.2%.

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