The First Trust Dow Jones Internet Index Fund (NYSEArca: FDN), which a has 7.7% weight to Facebook, is trading modestly higher today.

The PowerShares NASDAQ Internet Portfolio (NasdaqGS: PNQI) and the Renaissance IPO ETF (NYSEArca: IPO) are both trading slightly lower. Facebook is the largest holding in both ETFs at weights of 10.54% and 11.16%, respectively. [A Cautious View on Facebook, Twitter ETFs]

Global X Social Media Index ETF

ETF Trends editorial team contributed to this post. Tom Lydon’s clients own shares of Apple, Google and Facebook.