Assets of US ETFs reached $334.87 billion in April

The combined assets of the nation's exchange-traded funds (ETFs) were $334.87 billion in April, according to ICI. The Institute's monthly statistical collection also includes the value of shares issued and redeemed by exchange-traded funds.

Assets of all exchange-traded funds rose in April by $13.58 billion, or 4.2 percent, to $334.87 billion. Over the past 12 months, ETF assets increased $113.89 billion, or 51.5 percent. Assets in domestic equity ETFs increased $58.49 billion since April 2005, and global equity ETFs assets rose $51.09 billion during this period.

During April, the value of all ETF shares issued exceeded that of shares redeemed by $7.32 billion. In 2006, ETFs have experienced a net issuance of $14.94 billion.

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