Cracks in the Social Media ETF | ETF Trends

I do the “ETF of the Week” for MarketWatch every week on Chuck Jaffe’s MoneyLife Show where I highlight big movers and disappointments among exchange traded funds.

On Thursday, I focused on the Global X Social Media Index ETF (NYSEArca: SOCL). The wave of social media names is petering out as growth in the user base misses expectations.

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The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.