The combined assets of the nation’s exchange-traded funds (ETFs) totalled $259.4 billion at the end of September, slightly higher than the $251.5 billion reported at the end of August, 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 September, 176 ETFs were in operation, one more than in the prior month. Of that total, 122 ETFs tracked domestic stock indexes and held assets of $192.6 billion. Forty-eight ETFs tracked global/international equity indexes and held assets of $52.8 billion. Another six ETFs tracked bond indexes, holding assets of $14.0 billion.
The ICI also noted that assets of domestic equity ETFs increased by $1.45 billion, and international equity ETF assets increased by $6.13 billion.