Assets invested in exchange-traded funds and products listed in the U.S. and globally hit new highs at the end of the third quarter, ETFGI reported Wednesday.
U.S.-listed ETFs/ETPs took in a net $13.6 billion in September, marking the seventh consecutive month of net inflows and putting total assets at a record $2.4 trillion. Assets invested in ETFs/ETPs listed globally set a new record high of $3.4 trillion, with $25.2 billion in assets gathered in September, the 32nd consecutive month of net inflows.
Record asset levels were also reached at the end of the third quarter in Europe, $566.7 billion, and in Asia/Pacific ex-Japan, at $131.9 billion.
At the end of September, the global ETF/ETP industry had 6,526 ETFs/ETPs, with 12,386 listings from 284 providers listed on 65 exchanges in 53 countries.
“Although there was a rally after the FOMC’s vote to leave interest rates unchanged in September, the S&P 500 ended the month flat and the DJIA with a moderate decline of 0.4%,” Deborah Fuhr, co-founder and managing partner at ETFGI, said in a statement. “Developed markets ex-U.S. and emerging markets were up 1.5% and 1.2%, respectively.”