ETF Assets Rebound in June

Exchange-traded fund (ETF) assets increased $43.2 billion, or 3.8%, in June, according to State Street Global Advisors’ (SSgA) ETF Snapshot report.

As of June 30, 1,261 ETFs with assets totaling $1.2 trillion were managed by 39 ETF managers.  

Returns were good for the month, as the S&P 500 index gained 4.1% and the MSCI EAFE index increased 7%. Commodities were positive, with the S&P GSCI index up 1.2% and gold rising 2.6%. Bonds were relatively flat.  

ETF flows hit nearly $12 billion in June. The size-large cap category led with $4.9 billion of inflows. The fixed-income category had $4.7 billion in inflows.  

The top three managers in the U.S. ETF marketplace were BlackRock, State Street and Vanguard. Collectively, they account for approximately 83% 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 [QQQ].   

The ETF Snapshot report can be accessed here.  

 

«