ETF watcher Jared Cummans notes that the relatively new Global X Social Media ETF (SOCL) has...

|About: Global X Social Media Ind... (SOCL)|By:, SA News Editor

ETF watcher Jared Cummans notes that the relatively new Global X Social Media ETF (SOCL) has picked up steam since the Facebook IPO was announced, with its trailing average daily volume increasing by a cool 50K. With the almost certainty that Facebook (FB) will soon be a top holding, the fund offers one effective way to play the stock and stay diversified across the sector.