February's ETF Statistics: Assets Grow Again
Jim Trippon submits:After turning in some disappointing totals in January, the ETF industry is back to its growing ways after gaining $20 billion in new assets during February. Exchange traded products now hold $765 billion in assets under management, up from $745 billion in January. During February, 363 exchange traded products saw net inflows while 267 saw net outflows.The S&P 500 SPDR (SPY) led the way in terms of new investments, gaining $1.5 billion in new cash during February after hemorrhaging $16 billion. With $70 billion in assets, SPY is far and away the largest ETF on the market. The next largest is the SPDR Gold Shares (GLD) with $40 billion in assets under management.Complete Story »
- Original article
- Login or register to post comments

