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November 04, 2003 at 07:00 PM
Oct. 31, 2003 — The combined assets of the nation’s exchange-traded funds (ETFs) rose to $119.8 billion at the end of September, from $117.3 billion at the end of August, according to data released today by the Investment Company Institute (ICI).
ETF assets totaled $102.1 billion as of year-end 2002.
At the end of September, 115 ETFs were in operation, one more than in the prior month. Of that total, 69 ETFs tracked domestic stock indexes and held assets of $106.2 billion; 41 ETFs tracked international/global equity indexes and held assets of $9.4 billion; and five bond index ETFs held assets of $4.2 billion.
