National Stock Exchange, Inc. recently released Exchange-Traded Fund (ETF) and Exchange-Traded Note (ETN) data for June. Some highlights:
- Total ETF/ETN assets at the end of June were approximately $603.5 billion.
- The total number of ETF/ETN products increased to 837 from 804 a year ago.
- Net cash inflows to ETFs/ETNs in June totaled approximately $12.4 billion.
- Year-to-date net cash inflows were approximately $41.9 billion, an increase of nearly 102% over the same time period in 2008.
- ETF/ETN notional trading volume totaled approximately $1.5 trillion in June, 32% of all U.S. equity trading volume.
As the data shows, ETFs and ETNs continue to log impressive gains in investor assets. With their low cost structure, flexibility, transparency, tax efficiency, and wide asset class coverage, it’s clear that ETFs and ETNs are quickly becoming the preferred investment vehicle for all types of investors.
