Integrity Life Companies Launche
ETF Assets jump by $22.29 billion
June 1, 2007
SAN DIEGO (ETFguide.com) - According to the
Investment Company Institute (ICI), the combined assets of U.S. exchange-traded
funds (ETFs) grew by $22.29 billion to $466.55 billion in April.
This is a 5.0 percent increase over March and a gain of 35.4 percent or $121.94
billion compared to April 2006 when ETF assets were $344.61 billion.
During April, the value of all ETF shares issued exceeded that of shares
redeemed by $6.63 billion. So far this year, ETFs have experienced a net
issuance of $21 billion.
The ICI is a national association of U.S. registered investment companies.
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