The Markets June 27, 2007

ETF Assets Top $485 Billion in May

Assets of all exchange-traded funds (ETFs) rose in May by $18.97 billion, or 4.1%, to $485.51 billion, according to data from the Investment Company Institute (ICI).
Reported by
Over the past 12 months, ETF assets increased $150.27 billion, or 44.8%.
By ETF type, total Domestic Equity ETF assets were $323.6 billion for the month, compared to $311.9 billion in April. Broad-based domestic equity holdings made up $254.8 billion of the May total, while Sector/Industry domestic equity holdings accounted for $68.8 billion.
Global International Equity Index ETFs held $137.4 billion in assets in May, compared to $131.1 billion in April. Bond Index ETF assets were $24.3 billion for the month, up from $23.4 billion.
The value of ETF shares issued in May was $58.8 billion, while shares redeemed were valued at $53.4 billion, according to ICI data. For 2007 ETFs have experienced a net issuance of $26.44 billion.
A detailed breakdown of the monthly ETF data is available at http://members.ici.org/stats/etfdata.xls.

«