While much of the decline in momentum stocks has been focused on the biotechnology sector, another industry group that has been torched this year is social media stocks.The Global X Social Media Index Fund (NASDAQ:SOCL) tracks a concentrated group of 27 global companies engaged in social networking, file sharing and other web-based media applications. The fund controls $128 million in total assets and charges an annual expense ratio of 0.65 percent.Some of the top holdings and household names in SOCL include Facebook (NASDAQ:FB), LinkedIn (NYSE:LNKD) and Yelp Inc. (NYSE:YELP), which have all declined significantly from their 2014 highs. Since hitting a high on March 6, SOCL has fallen more than 21 percent and is now trading at levels not seen since August 2013. The fund recently sliced through its 200-day moving average, and volume has been steadily increasing as well.Related: Inverse ETFs Offer Traders A Profitable Edge On The DownsideSocial media names garnered a great deal of hype i...
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