State Street Global Advisors June ETF Update

By Carl Delfeld of Chartwell ETF

State Street Global Advisors 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.