While some news can escape the media outlets better than others, the news of Google was certainly not one that can easily miss people's attention.  Today internet giant Google (GOOG) announced that it will acquire wireless phone maker Motorola Mobility (MMI) for $12.5 billion in cash.  This deal is by far the company's largest acquisition in its history.  Google will pay Motorola's stock holders $40 per share, which equates to a 63% premium based on the closing price on Friday.  The news caused the stock price of Motorola to jump up 56% on Monday as it closed at $38.12 a share.  On the other hand, Google closed down -1.16% for the day.

This announcement affected beyond just these two companies.  So even if you're not one of the stock holders of Motorola, that doesn't necessarily mean that you can't profit from this move by Google.  As a matter of fact, we saw a number of ETFs in the Communications Technology sector behave positively on Monday.  For instance, Broadband HOLDRs Trust (BDH) experienced a 4.78% gain while the iShares S&P GSTI Networking Index Fund (IGN) posted a return of +5.06% for the day.  That said we wanted to show you how to identify ETFs that have exposure within the industry.  It is a great tool to help you generate a shopping list of ideas, especially when you are trying to overweight a particular sector.