Integrity Life Companies Launche
ETF Assets Grow by $18.97
Billion
June 28, 2007
SAN DIEGO (ETFguide.com) - According to the
Investment Company Institute (ICI), the combined assets of U.S. exchange-traded
funds (ETFs) grew $18.97 billion to $485.51 billion in May.
This is a 4.1 percent increase compared to April and growth of 44.8 percent or
$150.27 billion compared to the year-over-year numbers. In May 2006, ETF assets
were $335.24 billion.
During May, the value of all ETF shares issued exceeded that of shares redeemed
by $5.44 billion. So far this year, ETFs have experienced a net issuance of
$26.44 billion.
The Investment Company Institute (ICI) is a national association of U.S.
registered investment companies.
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