The combined assets of the nation’s exchange-traded funds (ETFs) increased to $242.7 billion at the end of June, from $238.4 billion at the end of May, according to data released today by the Investment Company Institute (ICI).
ETF assets totaled $226.2 billion at the end of December 2004.
At the end of June, 171 ETFs were in operation, eight more than in the prior month. Of that total, 119 ETFs tracked domestic stock indexes and held assets of $189.5 billion. Forty-six ETFs tracked global/international equity indexes and held assets of $40.7 billion. Another six ETFs tracked bond indexes, holding assets of $12.4 billion.
The ICI also noted that assets of domestic equity ETFs increased by $1.4 billion, while international equity ETF assets rose by $2.4 billion.