Marketwatch and The Investment Company Institute (ICI) reported that the combined assets of the 201 ETFs listed on domestic exchanges stood
at $312.79 billion, up from $296.02 billion the previous month.
At the end of 2002, there were 113 ETFs in the United States with about
$102.14 billion in assets. Since that time, ETF
assets have more than tripled and the number of funds has nearly
doubled.
$102.14 billion in assets. Since that time, ETF
assets have more than tripled and the number of funds has nearly
doubled.
Last month, assets of U.S. stock ETFs gained $6.79 billion, while
international-equity funds added $9.35 billion. Bond-index ETFs saw
assets grow by $636 million.
international-equity funds added $9.35 billion. Bond-index ETFs saw
assets grow by $636 million.
Meanwhile, the value of all ETF shares issued exceeded that of shares redeemed by $2.87 billion, according to the ICI.
At the end of January, there were 146 domestic-stock ETFs holding
$222.6 billon and 49 international funds with $74.56 billion. Six bond
ETFs housed $15.64 billion.
$222.6 billon and 49 international funds with $74.56 billion. Six bond
ETFs housed $15.64 billion.
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.