Bringing you live news and features since 2006 

US ETF and ETP assets pass USD4tn mark

RELATED TOPICS​

Assets invested in the US ETFs and ETPs industry broke through the USD4 trillion milestone at the end of July, according to ETFGI’s July 2019 US ETF and ETP industry landscape insights report.

ETFs and ETPs listed in US gathered net inflows of USD33.90 billion in July, bringing year-to-date net inflows to USD149.76 billion. Assets invested in the US ETF/ETP industry have increased by 1.6 per cent, from USD3.96 trillion at the end of Julne, to a new record of USD4.02 trillion

“The S&P 500 gained 1.4 per cent in July, as strong earnings combined with signs of economic growth and expectations of a rate cut by the Federal Reserve supported equity gains. International markets posted losses, with the S&P Developed Ex-US and the S&P Emerging BMI both down 1 per cent, with headwinds including US dollar strength. Boris Johnson began his term as UK Prime Minister with demands for a renegotiation of the EU withdrawal agreement, issuing a threat to otherwise leave without one. Pound sterling fell to near its lowest in two years.  according to Deborah Fuhr, managing partner, founder and owner of ETFGI.

At the end of July 2019, the US ETF/ETP industry had 2,280 ETFs/ETPs, from 151 providers listed on three exchanges.

In July 2019, ETFs/ETPs gathered net inflows of USD33.90 billion. Equity ETFs/ETPs listed in US attracted the largest net inflows of USD23.62 billion in July, bringing net inflows for 2019 to USD64.92 billion, considerably less than the USD89.77 billion in net inflows equity products had attracted by the end of July 2018. Fixed Income ETFs/ETPs listed in US attracted net inflows of USD7.56 billion in July, bringing net inflows for 2019 to USD73.10 billion, substantially more than the USD46.61 billion in net inflows Fixed Income products had attracted by the end of July 2018. Commodity ETFs/ETPs gathered USD2.34 billion bringing net inflows to USD2.49 billion for 2019 which is significantly greater than the USD968 Mn in net outflows gathered through July 2018.
 
Substantial inflows can be attributed to the top 20 ETF’s by net new assets, which collectively gathered USD26.23 billion in July, the SPDR S&P 500 ETF Trust (SPY US) gathered USD4.08 billion alone.

The top 10 ETP’s by net new assets collectively gathered USD3.50 billion in July. The SPDR Gold Shares (GLD US) gathered USD1.35 billion alone.

Latest News

Figment Europe, a provider of institutional staking infrastructure, writes that it is solidifying its presence in the heart of Europe’s..
Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..

Related Articles

Ryan McCormack, Invesco
This year sees the 25th anniversary of Invesco’s QQQ, the USD240 billion ETF – the fifth largest ETF in the...
ETFs
The European ETF market achieved a record 28 per cent growth – reaching over USD1.8 trillion assets under management (AUM)...
Sal Esposito, Zacks Investment Management
Zacks Investment Management started doing investment research in 1978 and in 1992 started its investment management arm, initially with SMAs...
Jeremy Senderowicz, Vedder Price
Jeremy Senderowicz, a member of the Investment Services Group at law firm Vedder Price, has witnessed a steady upswing in...
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