A Rebound Could be Awaiting the Social Media ETF

Shares of Twitter are up almost 11% in the past five trading sessions. Facebook (NasdaqGM: FB) has jumped 3.3% while LinkedIn (NYSE: LNKD), a stock that has been met with persistent valuation concerns this year, gained 3.4% on Thursday. Those stocks combine for 24.4% of SOCL’s weight.

The 52-week high on the $107.2 million ETF is $21.15.

Global X Social Media Index ETF

ETF Trends editorial team contribute to this post. Tom Lydon’s clients own shares of Facebook.