By Doug Yones, New York Stock Exchange
In a nutshell, 2016 was a terrific year for exchange traded funds (ETFs). On most days, ETF dollar volumes account for nearly 30 percent of all trading in U.S. stocks. And at the end of 2016, ETFs had amassed over $2.5 trillion in AUM, representing more than 15 percent of the mutual fund industry assets.
Throughout the year, ETFs saw a net inflow of over $260 billion in assets, and a daily trading volume of nearly 1.6 billion shares. Given the incredible industry growth we’ve seen over the past year, I’d like to share three compelling reasons we expect even more interest in ETFs in 2017.
Click here to read the full story on ETF Trends and NYSE’s exclusive 2017 Market Outlook Channel.