October ETF Stats
The National Stock Exchange released its monthly statistics for the exchange-traded products industry today and total assets at U.S.-listed ETFs and ETNs rose to $1.08 trillion, a 15% increase from October 2010. ETF/ETN assets are now back above $1 trillion after dipping to $972.7 trillion at the end of September. There are now 1,359 ETFs and ETNs listed in the U.S.
ETF/ETN notional trading volume during October 2011 totaled almost $2 trillion, representing 34% of all U.S. equity trading volume, according to the National Stock Exchange.
The top three U.S. ETF issuers remain BlackRock's (NYSE: BLK) iShares, State Street's (NYSE: STT) State Street Global Advisors and Vanguard with a combined $896.2 billion in ETF assets under management. Invesco's (NYSE: IVZ) PowerShares and ProShares round out the top five issuers.
In terms of big jumps in issuer AUM, PowerShares saw its total rise almost 15% from September. Van Eck, sponsor of the Market Vectors Family of ETFs, saw its AUM total jump 11%. Direxion's AUM increased 12% while First Trust saw its AUM total surge by nearly 21%.
Issuers that saw net outflows included ProShares, Pimco, Greenhave and Teucrium.
The top five U.S.-listed ETFs by assets remain the SPDR S&P 500 (NYSE: SPY), the SPDR Gold Shares (NYSE: GLD), Vanguard MSCI Emerging Markets ETF (NYSE: VWO), the iShares MSCI EAFE Index Fund (NYSE: EFA) and the iShares MSCI Emerging Markets Index Fund (NYSE: EEM). All added to their AUM totals last month.
As equities rallied in October, AUM at long U.S. equity ETFs climbed 14.5%. ETF net cash flows for the month totaled almost $23.9 billion, bringing the year-to-date net cash flow total to approximately $101.6 billion, according to the National Stock Exchange.
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