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ETF Assets Continue to Grow in July

The total for the funds grew 2% since just the month before


The latest ETF Snapshot report provided by State Street (NYSE:STT) asset managing division State Street Global Advisors shows exchange-traded fund assets in the U.S. alone have grown to $1.2 trillion, across 1,270 funds — a 2% increase month-over-month. The chart below, provided by SSGA, shows ETF growth since 2002:

In terms of dollar volume, SPDR S&P 500 (NYSE:SPY), iShares Russell 2000 (NYSE:IWM) and PowerShares QQQ (NASDAQ:QQQ) were the top three ETFs in July.

In terms of flow, large-cap funds like SPY led all categories with $5.6 billion of inflows. Overall, flows topped $16 billion for the month.

Go to InvestorPlace‘s ETF Investing section for analysis and news.

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