WisdomTree Investments (NasdaqGM: WETF) says it plans to liquidate three ETFs that have failed to gather significant assets and trading volume.

The total number of exchange traded products that have closed hit 300 recently with the year-to-date count rising to 89, according to Invest With An Edge. “Early October action from iPath, Russell, and Global X resulted in 30 delistings so far this month,” it reports.

Of course, consolidation is a normal phrase in a fast-growing industry like ETFs although larger providers are better positioned to subsidize funds with smaller asset bases. The first ETF was listed in the U.S. in 1993.

At the end of September, there were 1,465 exchange traded products in the U.S. with total assets of $1.3 trillion, according to BlackRock. The industry saw net inflows of $135.5 billion year to date.

WisdomTree plans to shutter WisdomTree LargeCap Growth Fund (NYSEArca: ROI), WisdomTree Dreyfus South African Rand Fund (NYSEArca: SZR) and WisdomTree Dreyfus Japanese Yen Fund (NYSEArca: JYF).

The designated funds represent approximately 0.15% of WisdomTree’s ETF assets of $16.9 billion, the firm said.

The three ETFs’ financial day of trading will be Dec. 3.

WisdomTree is expected to report third-quarter earnings later this week. [ETF Firm WidsomTree’s Shares Eye Breakout Before Q3 Earnings]

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