The recently resurgent Global X Social Media Index ETF (NasdaqGM: SOCL), an ETF that is up more than 17% over the past 90 days, is another credible “Twitter ETF.” SOCL devotes 4.3% of its weight to Twitter, making the stock the ETF’s ninth-largest holding. That said SOCL is driven more by Tencent (OTC: TCEHY), Facebook (NasdaqGS: FB) and LinkedIn (NYSE: LNKD) than Twitter. That trio combines for almost 34% of the ETF’s weight. [Social Media ETF Leadership]
The actively managed ARK Web x.0 ETF (NYSEArca: ARKW) and the ARK Innovation Fund (NYSEArca: ARKK) have weights to Twitter of 3.87% and 2.47%, respectively. The First Trust Dow Jones Internet Index Fund (NYSEArca: FDN) also has a 3.87% allocation to Twitter.
Renaissance IPO ETF
Tom Lydon’s clients own shares of Facebook.