ETF Industry Soars to Record in September

By (Tom Lydon),

Shutterstock photo

Despite some fund closures, the exchange traded fund ( ETF ) industry managed to continue expanding through the month of September.

ETF and exchange traded note ( ETN ) assets surpassed $900 billion in September, a brand-new record. There are also more funds out there than ever: the month closed with 1,066 products. [ September ETF Performance Report. ]

Emerging market funds also had a standout month. ETF Assets Hit A Milestone.]

iShares MSCI Emerging Markets (NYSEArca: 7 Top ETFs in the Third Quarter.]

SPDR Gold Trust (NYSEArca: Gold ETFs Look for Next Move.]

Tisha Guerrero contributed to this article.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing ETFs
Referenced Stocks: ETF , ETN

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