The combined assets of the nation’s exchange-traded funds (ETFs) totalled $263.8 billion at the end of October, slightly higher than the $259.5 billion reported at the end of September, 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 October, 187 ETFs were in operation, eight more than in the prior month. Of that total, 132 ETFs tracked domestic stock indexes and held assets of $196.6 billion. Forty-nine ETFs tracked global/international equity indexes and held assets of $52.8 billion. Another six ETFs tracked bond indexes, holding assets of $14.4 billion.
The ICI also noted that assets of domestic equity ETFs increased by $3.9 billion, and international equity ETF assets increased by $18 million.