ETFs For Cisco Earnings

Networking gear giant Cisco Systems CSCO reports earnings after the close today and this report is always worth watching, if for no other reason than to absorb comments from CEO John Chambers about the health of the U.S. economy. Analysts are expecting the company behind those annoying human network commercials to post a profit of 40 cents a share on revenue of $10.74 billion. Credit Suisse raised its 2011 and 2012 EPS estimates on Cisco earlier today, a fact worth noting. Here some of the 68 ETFs that hold Cisco that may move on Thursday due to the earnings news. 1) Internet Architecture HOLDRs IAH: IAH is all about four stocks. IBM IBM, Apple AAPL, Hewlett-Packard HPQ and Cisco, which accounts for almost 11% of the ETF's weight. 2) iShares S&P North America Tech-Multimedia Networking ETF IGN: IGN certainly doesn't get a lot of fanfare in the world of tech ETFs, but Cisco does account for almost 8% of the ETF's weight. 3) iShares Dow Jones US Technology ETF IYW: IYW is another ETF dominated by Apple and IBM, but it doesn't ignore Cisco with a 6.4% allocation to the human network. Other options to consider: Technology Select Sector SPDR XLK and the SPDR Morgan Stanley Technology ETF MTK. Data, courtesy of ETF Channel, can be found here (HERE).