State Street Global Advisors reported on exchange traded fund (ETF) assets for November’s month end. November was a volatile month for the markets and ETF assets seemed to reflect this. David Hoffman of InvestmentNews reports they found that assets dropped $8 billion to $576 billion. Barclays still leads the providers with $326 billion in assets and 149 ETFs. SSgA follows with $132 billion in 64 ETFs.
Although there was a drop in assets, there was an increase in offerings, as 26 new ETFs were launched. There are now 612 ETFs available to investors. New listings include timber, global dividends, global small-caps and fixed income.
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