April 27, 2004 — The combined assets of the nation’s exchange-traded funds (ETFs) rose to $161.7 billion at the end of March, from $159.5 billion at the end of February, according to data released by the Investment Company Institute (ICI).
ETF assets totaled $151.0 billion at the end of December 2003.
At the end of March, 134 ETFs were in operation, two more than the prior month. Of that total, 87 ETFs tracked domestic stock indexes and held assets of $135.6 billion; 41 ETFs tracked international/global equity indexes and held assets of $20.1 billion; and six bond index ETFs held assets of $6.1 billion.
The ICI noted that assets of domestic equity ETFs decreased by $668 million, while international equity ETF assets increased by $2.2 billion.