In January alone, assets of U.S. listed exchange traded funds (ETFs) rose about $5 billion, or 1.1%, to $422 billion.  Reuters reported 28 new ETFs were launched during the month, bringing the new total to 387. Internationally, ETF investing had a growth of $3 billion in assets or 2.8%. The top three U.S. listed ETFs by dollar volume last month were:

  1. S&P 500 SPDR (SPY)
  2. NASDAQ 100 Index Tracking Stock (QQQQ)
  3. iShares Russell 2000 Index Fund (IWM)

For full disclosure, some of Tom Lydon’s clients own IWM.

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