Disney's Moana 2 Smashes Box Office on Debut: ETFs to Tap

Group 1: Core Insights - Disney's Moana 2 achieved a record-breaking box office debut, earning $221 million in its first five days, surpassing the previous record of$125 million set by Frozen II in 2019 [1] - The success of Moana 2 indicates a strong recovery for Disney's movie studio, following previous underperforming releases like Strange World and Wish [2] - Disney movies now dominate the top three openings of 2024 in the U.S., with Moana 2 joining Inside Out 2 and Deadpool & Wolverine [3] Group 2: Investment Opportunities - Invesco S&P 500 Equal Weight Communication Services ETF (RSPC) includes Disney with a 5.2% share, focusing on entertainment and media, which constitutes 70% of its portfolio [4] - First Trust S-Network Streaming & Gaming ETF (BNGE) has Disney at a 5.1% share, with entertainment making up 52.8% of its holdings [5] - AdvisorShares Gerber Kawasaki ETF (GK) also includes Disney with a 5.1% share, focusing on growth companies benefiting from societal changes [6] - Monarch Blue Chips Core ETF (MBCC) features Disney at a 5% share, targeting established companies with strong market fundamentals [7][8] - iShares Global Comm Services ETF (IXP) holds Disney with a 4.8% share, primarily investing in interactive media and services [9]