The National Stock Exchange (NSX) has released the August numbers for exchange traded funds (ETFs) and exchange traded notes (ETNs).
Together, assets reached $596.5 billion, a 15% increase over $518.9 billion ayear ago.
Net cash inflows for the month of August totaled $11.4 billion, with notional trading volume at $1.7 trillion, a representation of 31% of all U.S. equity trading volume.
The top three ETFs by net cash inflow were
1) SPDR Index 500 (SPY): $3,586 million; the fund was up 1.5% for the month
2) iShares MSCI EAFE (EFA): $432 million; the fund was up 2.1% for the month
3) iShares MSCI Emerging Markets (EEM): $562 million; the fund was down 5.7% for the month
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.