It is interesting to note that the largest ETF provider, BlackRock, has added $917 million in new assets, while Vanguard, the third largest provider, experienced the highest inflows for the month. In contrast, State Street Global Advisors, the second largest provider, saw $1.3 billion in outflows.
As of April 30, there were 1,458 U.S.-listed ETPs, compared to 1,216 products over the same time last year, or a 20% rise in fund products. So far this year, 105 new products have been launched, and only 16 were de-listed.
As the ETF universe keeps expanding, more hands will be needed to guide the fledgling industry. If you are interested in taking part of the ETF growth story, take a look at our ETF jobs listings page.
For more information on ETF fund flows, visit our ETF performance reports category.
Max Chen contributed to this article.