ETF/ETN Assets Grew 10%, Inflows 17% of Total

Assets in U.S.-listed exchange-traded funds and exchange-traded notes (ETN) grew 10% in April over the previous month to $540.2 billion, according the National Stock Exchange in Jersey City, N.J. March assets totaled $489.2 billion.

Out of April’s $51 billion increase, 17%, or $8.5 billion was due to net cash inflows. The rest came from price apprecation . The NSX says year-to-date net cash inflows jumped 59% to $12.6 billion, over the same time period in 2008. In February, ETF/ETNs saw net cash outflows of $5.8 billion, but that turned positive in March with net cash inflows of $8.1 billion

At the end of April 2009, the number of listed products totaled 844, compared to 719 one year ago. Notional trading volume for ETF/ETN products totaled $1.6 trillion for April 2009, representing 33% of all U.S. equity trading volume. That fell from March, when notional trading volume was approximately $2 trillion, representing 38% of all U.S. equity trading volume.


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