Additionally, a Weibo IPO could find its way into the Global X Social Media Index ETF (NasdaqGM: SOCL). The $159.9 million SOCL was the first ETF to add Facebook to its lineup and was comparably fast to add Twitter.

Bolstering the case for Weibo eventually occupying a spot in SOCL’s lineup is the fact that the ETF allocates nearly 26% of its weight to China and that three Chinese companies are found among the fund’s top-10 holdings.

Renaissance IPO ETF

 

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

Subscribe to our free daily newsletters!
Please enter your email address to subscribe to ETF Trends' newsletters featuring latest news and educational events.