4 Unique Ways to Invest in Instagram Stock
Instagram has a large user base, the visual appeal of the platform is engaging, and curiosity in the app has grown significantly over time, and together, they've contributed to Instagram's net value rising above $110 billion as of January 2022.
I’ll give you 6 ways you can invest in Instagram stock even though it's not available to buy on the stock market, they are great ways to invest in this fast growing social media platform.
Invest in Facebook Stock Directly
Instagram is a popular social network, according to the data. Facebook (NASDAQ: FB) shares can be purchased to invest in Instagram. Facebook purchased Instagram for $300 million in cash and 23 million shares. Facebook purchased Instagram soon before the company's IPO.
Invest in ETFs: Fidelity MSCI Communication Services Index
The Fidelity MSCI Communication Services Index ETF (FCOM) is an exchange-traded fund that follows an index of well-known businesses such as Facebook, Alphabet Inc., the parent company of Google, Netflix, and Twitter.
Invest in ETF - Communication Services Select Sector SPDR Fund
The Communication Services Select Sector SPDR Fund (XLC) is a new addition to State Street's popular legacy series of sector ETFs.
Invest in Vanguard Communication Services Index Fund ETF (NYSEARCA: VOX)
Companies that offer communication services, as defined by GICS, are held by VOX. Traditional telecommunications firms, as well as media and internet service providers, were originally categorized in the consumer discretionary and technology sectors under the old GICS classification.
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