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December 01, 2003 at 07:00 PM
Nov. 26, 2003 — The combined assets of the nation’s exchange-traded funds (ETFs) rose to $128.9 billion at the end of October, from $119.8 billion at the end of September, 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 October, 116 ETFs were in operation, one more than in the prior month. Of that total, 70 ETFs tracked domestic stock indexes and held assets of $114.0 billion; 41 ETFs tracked international/global equity indexes and held assets of $10.5 billion; and five bond index ETFs held assets of $4.3 billion.
The ICI noted that assets of domestic equity ETFs increased by $7.9 billion, and international equity ETF assets increased by $1.2 billion.
