Strong quarterly reports from software companies could give a boost to the software exchange traded funds (ETFs). Companies such as SAP (SAP), Microsoft (MSFT) and Citrix (CTXS) announced higher earnings, reports Trang Ho for Investor’s Business Daily. There are a few ETFs that allow investors to download these earnings to their portfolio:

• Software HOLDRs (SWH) - up 5.4% year-to-date; there are 13 companies in this ETF, including Microsoft at 22%, SAP at 20% and Adobe (ADBE) at 13%
• iShares S&P GSTI Software Index (IGV) - up 5.4% for the year; broader based with 40 holdings including Microsoft 8%; Oracle (ORCL) 8% and Symantec (SYMC) at 7%; IGV includes video game developers as well
• PowerShares Dynamic Software Portfolio (PSJ) - up 2.3% this year; PSJ concentrates on mid-cap companies in its 30 holdings; top holdings include Fiserv (FISV) with 5%, Oracle 5% and Cadence Design Systems (CDNS)

Tags: Technology