The combined assets of the nation’s exchange-traded funds (ETFs) totalled about $312.8 billion at the end of January 2006, up from the $296.0 billion level reported at the end of December 2005, according to data released today by the Investment Company Institute (ICI).
ETF assets totalled $226.2 billion at the end of December 2004.
At the end of January 2006, 201 ETFs were in operation, the same as in the prior month. Of the total, 146 ETFs tracked domestic stock indexes and held assets of $222.6 billion. Forty-nine ETFs tracked global/international equity indexes and held assets of $74.6 billion. Another six ETFs tracked bond indexes, holding assets of $15.6 billion.
The ICI also noted that assets of domestic equity ETFs increased by $6.8 billion in January, and international equity ETF assets increased by $9.4 billion.