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January 02, 2003 at 07:00 PM
Dec. 19, 2002 — The combined assets of the nation’s exchange-traded funds (ETFs) totaled about $109.7 billion at the end of November, up from $100.7 billion at the end of October, according to data released by the Investment Company Institute (ICI).
At the end of November, 116 ETFs were in operation, eight more than the prior month. Of that total, 69 ETFs tracked domestic stock indexes and held assets of $100.6 billion. Thirty-nine ETFs tracked international/global equity indexes and held assets of $5.3 billion. Eight bond index ETFs held assets of $3.9 billion.
The ICI noted that assets of equity ETFs rose by $9.1 billion — with domestic equity index ETFs alone growing by $8.5 billion — to $105.8 billion. Moreover, bond index ETF assets decreased by $143 million, and international equity ETFs increased by $599 million.
