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November 02, 2004 at 07:00 PM
Oct. 29, 2004 — The combined assets of the nation’s exchange-traded funds (ETFs) rose to $180.8 billion at the end of September, from $174.5 billion at the end of August, according to the Investment Company Institute (ICI).
The number of ETFs in operation remained unchanged at 143 at the end of September. ETF assets totaled $151.0 billion at the end of December 2003.
Of the total number of ETFs in operation at the end of September, 96 tracked domestic stock indexes and held assets of $149.6 billion; 41 tracked international/global equity indexes and held assets of $23.9 billion; and six bond index ETFs held assets of $7.4 billion.
The ICI also noted that assets of domestic equity ETFs increased by $5 billion, while international equity ETF assets increased by $1.1 billion.
