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Thursday, May 17, 2012 - 2:21pm
Facebook IPO: Something Special For Social Media ETF?
It's stating the obvious, but Facebook's (Nasdaq: FB) IPO is bound to have an impact on multiple fronts. Not only will it make founder Mark Zuckerberg and some of his employees very, very wealthy, the company could be sporting a market cap that is higher than about half of the companies in the Dow...
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Facebook IPO Delay: Adverse Impact On Social Media ETF? (SOCL)
Tuesday, April 24, 2012 - 1:59pmFollowing a CNBC report that social media darling Facebook could delay its initial public offering until June, the Global X Social Media Index ETF (Nasdaq: SOCL), the lone ETF devoted exclusively to social media stocks, has moved noticeably lower. When CNBC initially reported, citing people...
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Global X MLP ETF Undercuts Rivals On Fees
Wednesday, April 18, 2012 - 6:50pm
Despite the soaring popularity of MLPs as income-generating plays, there were just eight exchange-traded products devoted to the asset class at the close of U.S. markets on Wednesday and just two were ETFs Prepare for that number to increase by one on Thursday when Global X introduces the Global X...
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Global X Permanent ETF Debuts Today
Wednesday, February 8, 2012 - 11:37amNew York-based ETF issuer Global X rolled out the Global X Permanent ETF (NYSE: PERM) today, an ETF that is designed to deliver alpha in myriad market environments. With an expense ratio of 0.48%, the Global X Permanent ETF tracks the Solactive Permanent Index. PERM is the first new product...
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Thursday, February 2, 2012 - 3:22pm
The Facebook Effect: More Than Just One ETF
Those not living in a cave know that Facebook has filed for an initial public offering and that the mere filing has been great news for one ETF in particular. Simply put, Facebook fervor has lit a fire under the Global X Social Media Index ETF (Nasdaq: SOCL). Today, SOCL is flirting with $15 and...
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Wednesday, February 1, 2012 - 4:02pm
Will The Facebook IPO Validate The Social Media ETF?
It's no secret that news of social media darling Facebook's initial public offering has been good news for the Global X Social Media Index ETF (Nasdaq: SOCL), an ETF that until recently had few supporters. It can be argued that investors are a fickle bunch or that they're just flat out excited...
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Tuesday, December 13, 2011 - 3:19pm
New Version Of Old China Tech ETF Debuts
The new version of an old ETF tracking China's booming technology sector debuted today as Global X rolled out the Global X Nasdaq China Technology ETF (NYSE: QQQC). The fund was previously named the Global X China Technology ETF and traded on the New York Stock Exchange under the ticker “CHIB.”...
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Changes Coming For Global X China Tech ETF
Monday, November 21, 2011 - 8:26pmLess than three weeks shy of its second birthday, the Global X China ETF (NYSE: CHIB) is changing things up a bit. Global X is changing the name of the ETF to the Global X NASDAQ China Technology ETF and moving the ETF to the Nasdaq from the NYSE. The ETF's new Nasdaq ticker will be “QQQC.” The...
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Friday, November 18, 2011 - 2:04pm
In Defense Of The Social Media ETF
By the end of this year, the number of new exchange-traded products that will have come to market in the U.S. could easily be around 300 if not higher. However, it's hard to imagine that even if the number of new ETFs to hit the market in 2011 was 1,000 (it won't be) that any of them will stir up...
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Social Media ETF to Debut Tuesday
Monday, November 14, 2011 - 1:50pmIf you missed out on some of the hot social media IPOs, don't fret because there's an exchange-traded product headed your way that might be worth a look. The Global X Social Media ETF will debut on Tuesday on the New York Stock Exchange under the ticker “SOCL.” The new ETF will hold a basket of 25...
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