Assets held in ETFs plunged 13.5% in the first quarter

Exchange traded fund assets fell by 13.5% during the first quarter, to $430.15 billion, according to data released today by Barclays Global Investors of San Francisco.
APR 08, 2009
Exchange traded fund assets fell by 13.5% during the first quarter, to $430.15 billion, according to data released today by Barclays Global Investors of San Francisco. The number of ETFs decreased by 1.1%, with 15 new ETFs launched, while 21 were delisted. That means that as of March 31, there were 690 ETFs from 18 providers on three exchanges. The average daily trading volume of ETFs increased by 10.2% during the first quarter, to $84.9 billion.

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