As per the specifications concerning Bloomberg, the Social Media ETF has shown a remarkable progress of a rise of 16% in the month of July and is anticipated to show a further rise of 37%. The most credit worthy security to quota the plaudit for the whooping attainment is Face Book. Social Media ETF has become the most impressive funding vehicle published of the entire ETF specimens. SOCL has gained a $50.5 million of inflow into its basket of assets this year, an incredible amount that is, keeping in consciousness the total assets of approximately $68.4 million.
Of the Thirty stocks that the Gauge holds, as on 10/15/2013 the top ten heavy weights of the fund are FACEBOOK INC-A (12.97%) and TENCENT Assets LTD (12.16%), SINA CORP US (11.67 %), LINKEDIN CORP – A(9.09%), PANDORA MEDIA INC(6.27%), YANDEX NV-A(6.16%), GROUPON INC(5.87%), DENA CO LTD(4.78%), NEXON CO. LTD.( 3.76%) and GOOGLE INC(3.76%). This sector has always scored on the high beta that it has to offer making way for the investments in suave media companies. Internet penetration is now seeping into the infrastructures from all sectors. The amount of users that add on to the existing doom is seen to increase day by day. If we look condition the activities involved in the technological sectors, the devices like Computers, laptops, mobile phones, latest technology smart phones and I pads etc are the gadgets that are constantly used for social media activities. The industry is at a booming phase now, and has also shown expansions related to sodality media corporation IPO. The propelling aspect that has boosted the demand for the industry and investments is the use of plastic phones. The latest apps and technologies have influenced the dependence for these gadgets nearby not only the youth of the economies, but by completeness the age groups. Obtain for example China, which has a domestic market for the technological products that is increasing because the spending power of the economy rises. More over most of the financial trading and transactions are going online and as a matter of fact the purchasing trends are inclined to online facilities. Just by the click of the mouse you can manage most of your billing and purchasing transactions. Direct exposure is facilitated to the buyers and sellers and organizations can connect directly to their customers.
Tencent is one of the largest Internet and direct messaging company that has approximately 650 million users. Along with Sina, these Chinese companies’s hold 34% of the total assets of the fund and play a very major role being part about the pool of global social media companies.
Mobile advertising is gaining a large part concerning the social media pie. The recently launched products per Face book, such as Facebook Stamping Ground and Instagram’s video application are part of the methods used to alluring advertisers. This is slowly furthermore steadily becoming part about the selling game. The latest vehicle to join the brand wagon of technology ETFs is the Twitter IPO belonging to the group of social media company IPO.