ETF Assets Continue Steady Gains in August

by Alyssa Oursler | September 11, 2012 1:41 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. still sit at around $1.2 trillion.

Those assets are distributed across only 1,258 funds compared to last month’s 1,2700. Still, investors added $4.7 billion more to ETFs than they withdrew in August, increasing assets by 2.5% month-over-month.

Fixed-income ETFs, such as the iShares Barclays 20+ Year Treasury Bond ETF (NYSE:TLT[3]), led the way with more than $4 billion of inflows, while large cap ETFs like SPDR S&P 500 ETF (NYSE:SPY[4]) experienced the most significant outflows.

In terms of dollar volume, iShares Russell 2000 (NYSE:IWM[5]) and PowerShares QQQ (NASDAQ:QQQ[6]) were again two of the top three ETFs for the month.

ETFs have attracted over $93.4 billion of inflows since January.

Endnotes:

STT: http://studio-5.financialcontent.com/investplace/quote?Symbol=STT
State Street Global Advisors: http://www.ssga.com/
TLT: http://studio-5.financialcontent.com/investplace/quote?Symbol=TLT
SPY: http://studio-5.financialcontent.com/investplace/quote?Symbol=SPY
IWM: http://studio-5.financialcontent.com/investplace/quote?Symbol=IWM
QQQ: http://studio-5.financialcontent.com/investplace/quote?Symbol=QQQ

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