Under CEO Satya Nadella, Microsoft (MSFT) - Get Report has made a push to be a cloud and mobile-first company, and investors have rewarded the company for its efforts, sending shares up 20% over the past year. Now, investors will be looking to see if the momentum can continue.

"The initial signs are that Microsoft's new pushes have been paying off for the company," said PureFunds CEO Andrew Chanin, which has $900 million in assets under management. "Their ability to sign on enterprises for Office 365 suite is going well and it's a way to lock in many larger clients for the longer-term, making it more difficult to migrate to competitors."

PureFunds owns Microsoft as part of its PureFunds Video Game Tech ETF (GAMR) - Get Report .

Microsoft, which reports earnings October 20 after the close of trading, has worked hard to get its Office software on every device in every way possible, selling it as a subscription (known as software-as-a-service) rather than boxed software. The results are impressive. "Our reseller survey suggested Microsoft came in above plan in the quarter and resellers were positive on the Office 365 model transition, with 53% of survey respondents indicating customers are adopting Office 365 at a faster pace than a year ago, while an additional 42% said customers were adopting Office 365 at a similar pace yoy," Nomura analyst Frederick Grieb wrote in a note to clients.

According to analysts surveyed by Thomson Reuters, Microsoft is expected to earn an adjusted 74 cents a share on $22.91 billion in revenue.

These three ETFs may benefit it investors like what Microsoft offers.

iShares U.S. Technology ETF

Microsoft comprises 11.87% of the iShares U.S. Technology ETF (IYW) - Get Report , which has an expense ratio of 0.43% and has $2.89 billion in assets under management.

In addition to the cloud, Microsoft has really focused on its gaming platforms, after some speculated it could be cut a few years ago under then-CEO Steve Ballmer.

In addition to the Xbox One, Chanin noted the company is making a big gaming push with HoloLens, its mixed-reality headset. In 2015, Microsoft demoed Minecraft for HoloLens at the E3 video game convention, and initial reviews were overwhelmingly positive. Microsoft owns Minecraft as part of its Mojang acquisition in September 2014 for $2.5 billion.

Technology Select Sector SPDR Fund ETF

The Technology Select Sector SPDR Fund ETF (XLK) - Get Report also owns a good portion of Microsoft, with the software company accounting for 9.99% of its $13.19 billion in assets, with investors paying 0.14% in expenses.

William Blair analyst Jason Ader recently attended the company's Ignite user conference and came away feeling that Microsoft is operating between two worlds -- between Azure, artificial intelligence and Field Programmable Gate Arrays and on-premise data centers, making it a struggle for Microsoft. "This made for a bizarre juxtaposition as Microsoft unveiled its Azure FPGA fabric to a late adopter live audience that is still learning about the cloud (though clearly the main audience was on the web)," Ader wrote in a note to clients.

Vanguard Information Technology ETF

The Vanguard Information Technology ETF (VGT) - Get Report , which has $9.88 billion in assets under management, has Microsoft make up 9.19% of its portfolio, charging investors a 0.14% expense ratio.