A recent study by Fidelity Investments is the latest to show that affluent investors are embracing exchange traded funds and are expected to increase their usage of these investment vehicles.

“More than 43% of nearly 600 investors who responded to a June 5 online poll are considering raising their ETF stake over the next 12 months,” reports Aparna Narayanan for Investor’s Business Daily. Most of the investors surveyed had at least $250,000 in investable assets.

The Fidelity survey shows that while over a third of respondents plan to use ETFs for broad market exposure, a quarter are not using ETFs because they need to learn more about the asset class.

Fidelity’s survey jibes with previous studies that indicate wealthy investors have been eager to use ETFs in their portfolios. According to data released last year by the Spectrem Group, 28% of investors own ETFs, but among the ultra-affluent investors, who are worth $5 million to $25 million, 47% own ETFs due to the investment vehicle’s low fees. [ETFs Attract Rich Investors]

When it comes to ETF usage among wealthy investors, those investors appear to be following the lead of big institutions.