ETF Assets Increased $84B in September

According to SSgA data, gains in the Size and International categories accounted for the majority of the total September advance in ETF AUM. The Dividend/Fundamental category climbed 20.4%, or $4.1 billion.

Year to date, areas with significant positive asset growth are Commodities: up $16.4 billion, Fixed Income: up $33.1 billion, and Dividend/Fundamental: up $8.5 billion. Large Cap assets rose $25.8 billion, followed by Mid Cap, up $3.1 billion, State Street said.  

Technology, Energy, and Materials each rose more than $1 billion in absolute terms. All 10 sectors gained for the month. In particular, Information Technology was up 12.1%, Industrials were up 11.4%, and Consumer Discretionary was up 11.1%.

Meanwhile, according to State Street, the top three managers in the U.S. ETF marketplace were BlackRock, State Street, and Vanguard, which collectively accounted for approximately 84% of the U.S.-listed ETF market.

The top three ETFs in terms of dollar volume traded for the month were the SPDR S&P 500 [SPY], iShares Russell 2000 [IWM], and PowerShares QQQ [QQQQ].