By Carl Delfeld of Chartwell ETF
State Street Global Advisors3px; font-family: Georgia; "> came
out with their June ETF update and, as of July 1st, there were 740 ETFs in the
US with assets totaling approximately $593 billion managed by 25 ETF managers.
ETF industry assets rose $5.7 billion for the month, or 1.0% and 12 new ETFs
were launched in June.
Eight of the twelve categories gained assets. The
Fixed Income category gained the most in absolute terms, rising $3.8 billion.
The International category was the biggest loser, falling $1.5 billion, or
1.1%.
Overall, assets were down 0.1%. The Micro Cap
category rose $41MM, or 13.3%. Allcap Value led declines falling $18.2MM, or
5.3%.
Consumer Staples led overall gains in percentage
terms rising $667.9 billion, or 20.4%. Although falling 11.0% in June, assets
in Materials are up 56.2% YTD.
The top three managers in the US ETF marketplace
were: Barclays Global Investors (BGI), State Street Global Advisors (State
Street), and Vanguard. Collectively, they accounted for approximately 83.5% of
the US-listed ETF market. Average Daily Volume fell from an average of $74.8
billion to $64.4 billion.
The top three US ETFs in terms of dollar volume
traded for the month were the SPDR® S&P 500® [SPY], PowerShares QQQ [QQQQ],
and iShares Russell 2000 [IWM].
The top three US ETFs in terms of assets were:
the SPDR® S&P 500® [SPY], SPDR® Gold Shares [GLD], and iShares MSCI EAFE®
[EFA].
In terms of performance, Small Cap, Large
Cap, and Total Market indices rose; only Mid Cap fell for the month. Six of ten
sectors had positive returns. Utilities and Information Technology were by far
the best performers. Information Technology has gained nearly 25% YTD.
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