ETP Assets Climb 6% in April

By ETFguide May 16, 2012, 04:08:53 PM EDT

The assets invested in exchange-traded products ( ETP ) including both ETFs and ETNs rose by 6% at the end of April 2012 from the previous year to $1.2 trillion, according to the ETF Industry Association.

ETP net cash inflows added up to approximately $3.0 billion for the month of April 2012. Since the start of this year, 2012 net cash inflows are near $58.9 billion.

Bond funds like the iShares Barclays Aggregate Bond Fund (NYSEArca: AGG) and the iShares iBoxx High Yield Corporate Bond Fund (NYSEArca: HYG) continue to lead the fixed income category, which has raked in $21.3 billion since the beginning of the year. AGG has gained 1.6% while HYG is ahead by 2.65% year-to-date through the market close of May 15. Also, April was the 16th straight month of positive net flows in bond ETFs.

The Vanguard MSCI Emerging Markets ETF (NYSEArca: VWO) is this year's most popular ETF in terms of cash flow and has gathered just over $7 billion in assets. VWO has gained 2.25% year-to-date.

The number of U.S. listed ETPs increased by 20% over the past year and ended April at 1,458 products. 

The top three U.S. ETFproviders by assets under management at the end of April were Blackrock with $498 billion, SSgA with $292 billion, and Vanguard $207 billion.

Vanguard led all ETF providers in net cash flow for the month of April by taking in $4.36 billion.




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


This article appears in: Investing, ETFs

Referenced Stocks: ETP



Latest News Video

La Dolce Musto
La Dolce Musto                      


From Our Trusted News Source





Most Active by Volume:

Company Last Sale Change Net / %
BAC $ 13.57 0.14  1.04%
RAD $ 2.97 0.18  6.45%
WCRX $ 19.87 0.66  3.44%
CSCO $ 23.85 0.39  1.61%
FB $ 25.78 0.47  1.79%
MSFT $ 34.96 0.09  0.26%
SIRI $ 3.53 0.03  0.86%
F $ 15.1346 0.05  0.36%