ETF Stats for January 2012: Trading Activity Continues to Slow
Posted on February 09, 2012 at 13:21 PM EST
January’s new ETF activity hit the highest level in seven months. After ten days of no introductions, the pace jumped to more than one a day with 23 launches in the last 21 calendar days of the month. So far the new rollouts have been limited to ETFs rather than ETNs. Month-end totals stood at 1,189 ETFs and 203 ETNs for a total of 1,392 ETPs. Two of the new listings are actively-managed funds, pushing their count to 41. No products closed in January. ETF/ETN assets under management climbed 8.4% to $1.15 trillion, most of which came from market gains rather than new investments. The largest product, SPDR S&P 500 (SPY), ended the month with more than $99 billion in . . . → Read More: ETF Stats for January 2012: Trading Activity Continues to Slow