US exchange traded fund turnover rose 1.2 per cent on the previous week with a monthly average daily turnover of USD82.9bn, according to Deutsche.
US exchange traded fund turnover rose 1.2 per cent on the previous week with a monthly average daily turnover of USD82.9bn, according to Deutsche.
Turnover in the S&P 500 SPDR was USD29.9bn.
The UltraShort Financials ProShares had turnover of USD4.7bn followed by the PowerShares QQQ Nasdaq 100 with turnover of USD4.7bn.
One new ETF was launched in the previous week. Global X Management issued an ETF linked to the FTSE Colombia 20 Index, which is listed on NYSE Arca.
Short-related ETF turnover rose one per cent to USD13.2bn, being the second largest category of ETFs after large cap ETFs.
Among the emerging country ETFs, turnover in the iShares FTSE/Xinhua China ETF was USD987m followed by the iShares MSCI Brazil ETF with turnover of USD715m.
In developed market flows, iShares MSCI Japan had turnover of USD243m.
In non-domestic regional flows, emerging market turnover was USD1.88bn, while in developed markets regional flows EAFE had turnover of USD1.38bn.
Total assets under management for equity based ETFs declined 6.7 per cent on the previous week, with AUM of USD390bn.
