The total combined assets of US exchange-traded funds (ETFs) climbed 2% to $431 billion in January and up 34.8% for the year, according to an Investment Company Institute (ICI) news release. During the month, $295.7 billion was in domestic equity indexes; and of that amount, $233.9 billion was in Domestic (broad-based) funds, and $61 billion was in Domestic (Sector/Industry) funds. Meanwhile, assets in Global/International Equity Index funds reached $114.2 billion, and assets in Bond Index were $20.9 billion.
US ETFs Worth $431 Billion In January, Says ICI
The total combined assets of US exchange traded funds (ETFs) climbed 2% to $431 billion in January and up 34.8% for the year, according to an Investment Company Institute (ICI) news release. During the month, $295.7 billion was in domestic
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