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August 02, 2004 at 08:00 PM
July 29, 2004 — The combined assets of the nation’s exchange-traded funds (ETFs) rose to $178.5 billion at the end of June, from $166.5 billion at the end of May, as the number of ETFs in operation increased by nine to 143, according to the Investment Company Institute (ICI).
ETF assets totaled $151.0 billion at the end of December 2003.
Of the total number of ETFs in operation at the end of June, 96 tracked domestic stock indexes and held assets of $149.6 billion; 41 tracked international/global equity indexes and held assets of $22.3 billion; and six bond index ETFs held assets of $6.7 billion.
The ICI also noted that assets of domestic equity ETFs increased by $11.2 billion, and international equity ETF assets increased by $1.1 billion.
