ETF Trends
ETF Trends

Assets in exchange traded funds (ETFs) rose by 9.4% in October, totaling $383.3 billion. ETFs are not only tax efficient and low cost, they conveniently trade like stocks and are doing quite well. Total assets were up about 29% from the end of last year, reported by the Associated Press.  Year-to-date through October, the value of ETF shares issued outweighed the value of those redeemed by $53.9 billion.

By the end of October, there were 228 domestic stock ETFs with assets of $268 billion, 81 international ETFs with $95.4 billion and 6 bond ETFs with $20 billion.

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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.