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SNAP - Global X Social Media ETF: Mid-Year 2019 Performance Review
Snap Inc. Class A
Global X Social Media ETF (NASDAQ:SOCL) tracks a basket of companies operating across media and entertainment, online services, and communication services with a connection to the theme of social media. As expected, investors in SOCL are getting Facebook, Inc. (FB), Twitter, Inc. (TWTR), and Snap Inc. (SNAP) among others, which largely define the group. Still, among the 40 equity holdings in the fund also includes larger tech firms like Alphabet Inc. (GOOGL)(GOOG), and a number of foreign internet stocks. Essentially, this fund is