27.07.2016 - ETF Stats For June 2016: More Teeter-Totter Failures
Thirty-two new ETFs and ETNs came to market in June, and three closed up shop. The net increase of 29 puts the listed count at 1,931 (1,729 ETFs and 202 ETNs) at the end of June. Assets climbed by $30.6 billion, with $19.3 billion coming from inflows and $11.2 billion the result of market action. Overall assets of U.S.-listed ETFs and ETNs now stand at $2.25 trillion. The most dubious new offering of the month was the roll-out of another teeter-totter fund pair from a firm with a misleading name...............................................Full Article: Source
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