ETF Assets Declined in January: ICI

Feb. 26, 2003 — The combined assets of the nation’s exchange-traded funds (ETFs) totaled about $95.7 billion at the end of January, down from $102.1 billion at the end of December, according to data released by the Investment Company Institute (ICI).

At the end of January, 113 ETFs were in operation, the same as in the prior month. Of that total, 66 ETFs tracked domestic stock indexes and held assets of $86.7 billion. Thirty-nine ETFs tracked international/global equity indexes and held assets of $5.1 billion. Eight bond index ETFs held assets of $3.7 billion.

The ICI noted that assets of domestic equity ETFs decreased by $6.04 billion, while international equity ETF assets dropped by $216 million.