ETF Growth Continues in First Quarter | ETF Trends

February continued to give the exchange traded fund (ETF) industry some love, as month-over-month increases and inflows were up. [February ETF Performance Report.] Emerging markets was the main sector that missed cupid’s arrow, as some of these funds were the biggest losers.

Morningstar reported U.S. ETF inflows reached $6.8 billion in February. Total ETF industry assets were nearly $1 trillion at the end of February, marking a month-over-month increase for the sixth consecutive month, according to the report. [ETF Assets Riding On Momentum.]

Additional highlights from Morningstar’s report on ETF flows:

• U.S. stock ETFs, with inflows of $5.7 billion, drove overall ETF inflows, even though inflows to the asset classes were down roughly 55% from the previous month.

• International-stock ETFs saw outflows of $3.3 billion, the most of any ETF asset class. Some of the  ETFs with the greatest outflows during the month were iShares MSCI Emerging Markets (NYSEArca: EEM) and the Vanguard MSCI Emerging Markets (NYSEArca: VWO).

Currently, there are 919 ETFs trading, and 28 providers. Vanguard had the largest inflows with $2.5 billion, according to BlackRock’s report. Assets under management for the U.S. ETF industry is at $929.1 billion.

Tisha Guerrero contributed to this article.

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.