July ETF Stats: Inflows Keep Coming
Thursday, August 5th, 2010Michael Johnston submits:
The latest ETF figures for the month of July are out, and the industry’s hot streak is alive and well. According to data put together by the National Stock Exchange, total ETF assets increased from about $788 billion in June to more than $835 billion at the end of July, a jump of more than 6% on the month. But much of those gains were attributable to increases in asset prices; cash inflows were just $9.5 billion, down from more than $12 billion in June.
Once again, inflows into fixed income ETFs were strong in July; this asset class saw about $4.8 billion come through the doors, bringing the 2010 total to $23 billion. International equities were also hot in July; $4.6 billion flowed into these funds on the month.
