Facebook Earnings Friendly for Social Media ETF

Good thing for SOCL investors that Facebook’s recent market cap spike has brought it back to the top spot among in the ETF with a weight of 12.9%, or nearly triple the weight the ETF devotes to Google (NasdaqGM: GOOG).

SOCL, which debuted almost two years ago to the day, was born as “the Facebook ETF.” That looks like a good moniker to be sporting these days.

Global X Social Media Index ETF

Tom Lydon’s clients own shares of Google and Facebook.