Bringing you live news and features since 2006 

New York Statue of Liberty

US ETF turnover rises by 4.5 per cent


US exchange-traded fund turnover rose by 4.5 per cent to USD44.7bn in the week to 18 January, according to a report from Deutsche Bank.

Turnover in the S&P 500 SPDR was USD14.0bn. The PowerShares QQQ Nasdaq 100 had turnover of USD3.6bn followed by iShares Russell 2000 with turnover of USD3.1bn.

There were three new ETFs launched in the last week. Charles Schwab launched two ETFs followed by Global X which launched one new emerging country ETF. All the listings were on NYSE Arca.

Average daily turnover in the large cap, US sector, leveraged and global regional products was USD18.9bn (5.8 per cent), USD7.6bn (5.1 per cent), USD4.6bn (4.1 per cent) and USD3.6bn (-0.2 per cent) respectively.

Among the emerging country ETFs, iShares MSCI Brazil ETF turnover was USD948m followed by iShares FTSE/Xinhua China ETF with turnover of USD791m.

In non-US developed market flows, iShares MSCI Japan had turnover of USD253m.

In non-domestic regional flows, emerging market turnover was USD2.6bn and developed markets regional flows EAFE had turnover of USD0.9bn.

Total assets under management for equity based ETFs declined by 1.9 per cent to USD609.9bn.

Latest News

EFAMA has published its latest Monthly Statistical Release for May 2024...
Solactive writes that it has expanded its collaboration with Kiwoom Asset Management by providing the underlying indices to the KIWOOM..
MSCI has announced the launch of MSCI Private Capital Indexes, writing that with growing investor interest in private markets, high..
Matteo Greco, Research Analyst at Fineqia International, writes that bitcoin (BTC) ended the week at approximately USD68,150, marking a 12.1..

Related Articles

Scott Kefer, VictoryEx Capital Holdings
Bailey McCann writes that active ETFs are capturing investor interest, according to the latest data from Morningstar, which finds that...
Chris Lo, Columbia Threadneedle
In a recent insight on India by Columbia Threadneedle Investments, the firm reports that the country’s economic reforms, which aim...
With an election on the horizon in the United States a group of ETFs is poised to capture investments on...
Robot worker
Qraft Technologies, based in South Korea, specialises in the use of AI in security selection and portfolio construction....
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by