ETF Assets Continue to Grow in July

by Alyssa Oursler | August 8, 2012 12:34 pm

The latest ETF Snapshot report provided by State Street (NYSE:STT[1]) asset managing division State Street Global Advisors[2] 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:

[3]

In terms of dollar volume, SPDR S&P 500 (NYSE:SPY[4]), iShares Russell 2000 (NYSE:IWM[5]) and PowerShares QQQ (NASDAQ:QQQ[6]) 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[7] for analysis and news.

Endnotes:
  1. STT: http://studio-5.financialcontent.com/investplace/quote?Symbol=STT
  2. State Street Global Advisors: http://www.ssga.com/
  3. [Image]: http://investorplace.com/wp-content/uploads/2012/08/ETFGraphic2.jpg
  4. SPY: http://studio-5.financialcontent.com/investplace/quote?Symbol=SPY
  5. IWM: http://studio-5.financialcontent.com/investplace/quote?Symbol=IWM
  6. QQQ: http://studio-5.financialcontent.com/investplace/quote?Symbol=QQQ
  7. InvestorPlace‘s ETF Investing section: http://investorplace.com/category/mutual-funds-etfs/etf-investing/

Source URL: http://investorplace.com/2012/08/etf-assets-continue-to-grow-in-july/
Short URL: http://investorplace.com/?p=211617

Copyright ©2013 InvestorPlace Media, LLC. All rights reserved. 700 Indian Springs Drive, Lancaster, PA 17601.