ETFs and ETPs listed in the United States gathered US $13.59 billion in net new assets in May which, when combined with a small positive market performance in the month, pushed assets in the US listed ETF/ETP industry to a new record high of US $1.8 trillion, according to preliminary data from ETFGI’s May 2014 Global ETF and ETP industry insights report.
At the end of May 2014, the US ETF/ETP industry had 1,591 ETFs/ETPs, from 58 providers listed on 3 exchanges...............................................Full Article: Source
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