Never miss a story — sign up for PLANADVISER newsletters to keep up on the latest retirement plan adviser news.
ETFs End October at $925 Billion
Gains in the International category accounted for 36% of the total gain in ETF AUM, State Street said in a news release. Currency remains the only category with negative AUM growth YTD.
Large Cap assets rose the most for the month – $ 4.7 billion – followed by Large Growth, Mid Cap, and Allcap. Technology rose $1.7 billion, or 16.2%.
The top three managers in the U.S. ETF marketplace were: BlackRock, State Street, and Vanguard. Collectively, they accounted for approximately 84% of the U.S. listed ETF market, the news release said.
The top three ETFs in terms of dollar volume traded for the month were the SPDR S&P 500 [SPY], PowerShares QQQ [QQQQ], and iShares Russell 2000 [IWM]. Meanwhile, the top three ETFs in terms of assets for the month were the SPDR S&P 500 [SPY], SPDR Gold Shares [GLD], and iShares MSCI Emerging Markets [EEM].
The Technology Select Sector SPDR ETF [XLK] had inflows of $1 billion, followed by the SPDR S&P Dividend ETF [SDY] with $721 million.
You Might Also Like:
![](https://si-interactive.s3.amazonaws.com/prod/planadviser-com/wp-content/uploads/2024/05/23164445/PAPS-052324-Change-in-Retirement-Approach-1196812497-web-432x243.jpg)
Addressing Changing Attitudes Toward Retirement Planning
![](https://si-interactive.s3.amazonaws.com/prod/planadviser-com/wp-content/uploads/2023/10/24145004/PA-102423-Simfund-TDF-Quarterly-web-432x243.jpg)
American Funds Maintains Largest TDF Inflows in 2023
![](https://si-interactive.s3.amazonaws.com/prod/planadviser-com/wp-content/uploads/2023/11/01150136/PA-110123-CITs-1173992602-web-432x243.jpg)