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ETF assets up $224 bln this year

Posted on 27 September 2013

U.S.-listed ETF assets have climbed $224 billion this year due to price appreciation and net inflows of $133 billion, according to ConvergEx Group. There are more than 1,500 exchange traded products listed on domestic exchanges with total assets of $1.6 trillion. Meanwhile, aggregate daily volume in ETF trading is up 10% from last year, to $63 billion daily.
“The success of ETFs in gathering assets continued in the third quarter of 2013, and with just a few days to go inflows total $59 billion,” said Nicholas Colas, chief market strategist at ConvergEx Group, in a note Thursday………………………………………..Full Article: Source


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