June ETF Data: Big Bumps For PowerShares, PIMCO, and ProShares

Michael Johnston — Fri, 03 Jul 2009 12:58:34 +0000

The National Stock Exchange has released its monthly statistical bulletin for June, and the ETF industry certainly seems to have avoided any sort of “June swoon.” Although the trends for the industry as a whole are overwhelmingly positive, a trio of fund sponsors enjoyed particularly successful months. A few of the highlights from the report: Total ETF/ETN assets under management increased from approximately $594.3 billion to $603.5 billion, representing a monthly increase of approximately 1.5%. This modest increase is even more significant considering that most U.S. and emerging markets equity indexes were down slightly for the month. The total number of exchange-traded products increased from 829 to 837, following a month-over-month decline in May. 405 ETF/ETNs had net inflows, while only 154 had net outflows. The number of ETF/ETNs with more than $100 million in assets under management increased from 335 to 347. Those making the jump included the iPath Dow [...]

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June ETF Data: Big Bumps For PowerShares, PIMCO, and ProShares

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