Microsoft's earnings rally has fueled these 10 ETFs higher

[Microsoft France headquarters entrance in Issy les Moulineaux near Paris]
Jean-Luc Ichard/iStock Editorial via Getty Images

Exchange traded funds with significant exposure to Microsoft (NASDAQ:MSFT [https://seekingalpha.com/symbol/MSFT]) are riding the wave higher on Thursday, as the tech titan’s positive earnings propelled its market valuation above the $4 trillion [https://seekingalpha.com/news/4475593-microsoft-reaches-4-trillion-valuation-after-solid-quarterly-results] mark for the first time.

Microsoft shares are up more than 5% following its latest quarterly earnings [https://seekingalpha.com/news/4474764-microsoft-gaap-eps-of-3_65-beats-by-0_27-revenue-of-76_4b-beats-by-2_57b] report, delivering a boost to a range of ETFs that have positions in the stock.

Currently, MSFT can be found in a total of 671 different ETFs on the Street which together hold 1.1B shares of the tech firm. However, some funds have a much larger portfolio stake in the company than others.

Outlined below are the 10 ETFs that have the largest allocations towards MSFT.

No. 1: T-Rex 2X Long Microsoft Daily Target ETF (BATS:MSFX [https://seekingalpha.com/symbol/MSFX]), 70.34% allocation.

No. 2: Roundhill MSFT WeeklyPay ETF (BATS:MSFW [https://seekingalpha.com/symbol/MSFW]), 20.07% allocation.

No. 3: Global X PureCap MSCI Information Technology ETF (NYSEARCA:GXPT [https://seekingalpha.com/symbol/GXPT]), 19.30% allocation.

No. 4: iShares Global Tech ETF (NYSEARCA:IXN [https://seekingalpha.com/symbol/IXN]), 17.59% allocation.

No. 5: Direxion Daily MSFT Bull 2X Shares (NASDAQ:MSFU [https://seekingalpha.com/symbol/MSFU]), 17.05% allocation.

No. 6: Wahed FTSE USA Shariah ETF (NASDAQ:HLAL [https://seekingalpha.com/symbol/HLAL]), 16.02% allocation.

No. 7: iShares U.S. Technology ETF (NYSEARCA:IYW [https://seekingalpha.com/symbol/IYW]), 15.79% allocation.

No. 8: Macquarie Focused Large Growth ETF (NYSEARCA:LRGG [https://seekingalpha.com/symbol/LRGG]), 15.21% allocation.

No. 9: iShares Top 20 U.S. Stocks ETF (NYSEARCA:TOPT [https://seekingalpha.com/symbol/TOPT]), 14.93% allocation.

No. 10: Vanguard Information Technology ETF (NYSEARCA:VGT [https://seekingalpha.com/symbol/VGT]), 14.90% allocation.

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