ETFs For Oracle Earnings

Oracle ORCL, the largest maker of enterprise software, just reported a fiscal second-quarter profit of 51 cents a share on revenue of $8.6 billion on a non-GAAP basis. That's a decent beat of the Street estimate of 46 cents a share on revenue of $8.34 billion and the company's own estimate of 44-46 cents a share. Here are the ETF plays on Oracle's earnings report. 1) Software HOLDRs SWH: Like so many of the HOLDRs ETFs, SWH is heavily concentrated in a small number of stocks. Oracle is one of them, accounting for 15.4% of SWH's weight. 2) iShares S&P North American Tech-Software ETF IGV: Oracle accounts for almost 8.5% of IGV. Rival Salesforce.com CRM is also a top-10 holding of this fund as is Microsoft MSFT. 3) iShares Dow Jones US Technology ETF IYW: Apple AAPL dominates this ETF at almost 14% of the fund's weight, but Oracle gets an allocation of almost 5.5% and can be found in IYW's top-10 holdings. *Data Courtesy: ETFChannel.com