Facebook Inc. (FB) CEO Mark Zuckerberg released the social network’s first quarter results and to perk investors up a bit more, Facebook announced it would buy back $9 billion more in shares, after initially announcing a $6 billion buyback.

Let’s take a look at Yahoo Finance to see how ETFs with exposure to Facebook are reacting to the $9 billion buyback as of 12 p.m. Eastern time.

10 ETFs with Facebook exposure back up

  • Global X Social Media Index ETF (SOCL) with 8.85% weighting up 2.74%.
  • iShares U.S. Technology ETF (IYW) with 7.82% weighting up 1.90%.
  • Entrepreneur 30 Fund (ENTR) with 7.68% weighting up .015%.
  • First Trust Dow Jones Internet Index(FDN) with a 7.28% weighting up 2.13%.
  • PowerShares NASDAQ Internet Portfolio (PNQI) with a 6.86% weighting up 2.0%.
  • Technology Select Sector SPDR Fund (XLK) with a 6.84% weighting up 1.54%.
  • Vanguard Information Technology ETF (VGT) with a 6.34% weighting up 1.82%.
  • Fidelity MSCI Information Technology Index ETF (FTEC) with a 6.33% weighting up 1.89%.
  •  SPDR MFS Systematic Growth Equity ETF (SYG) with a 6.26% weighting saw no change.
  •  iShares North American Tech ETF (IGMwith a 5.97% weighting up 1.94%.

Facebooks Earnings Reports Beat Predictions

Facebook was rising 7% in premarket trading on Thursday after the social media giant posted first-quarter earnings and revenue that beat analysts’ expectations.

Facebook reported revenue of $11.97 billion, compared to forecasts of $11.4 billion. The company also said diluted earnings came in at $1.69 a share, beating predictions of $1.35 a share.

According to Investors, “Facebook stock was near its 50-day moving average — a positive signal — after crashing through it on March 16 when new reports of the Data Analytica privacy scandal emerged. The company said it ended the quarter with 1.45 billion daily active users, matching the consensus. It reported having 2.2 billion monthly active users, also meeting estimates.”

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