U.S. ETF assets up to $554 billion

ETF assets increased by 9.7% in September, as 15 new funds were launched, according to State Street.
OCT 11, 2007
Exchange traded fund assets increased by 9.7% in September, as 15 new funds were launched, according to State Street's monthly exchange traded fund snapshot. In total, there were 560 ETFs in the U.S. managed by 17 money managers, with assets totaling $554 billion, up from $505 billion in August. International and size-based ETFs saw assets increase 13.5% and 10.3%, respectively. sector, commodity, style, specialty and fixed-income ETFs each added $1 billion in assets during the month. Barclays Global Investors of San Francisco had the largest assets under management with $311 billion across 139 ETFs. State Street Global Advisors of Boston came in second, with $133 billion in assets under management across 60 ETFs.

Latest News

Clients are using AI to challenge financial advice, Pacific Life survey finds
Clients are using AI to challenge financial advice, Pacific Life survey finds

Advisors must navigate misinformation and generational expectations as technology reshapes client relationships.

Jailed Florida broker, facing sexual battery charge, ghosts FINRA
Jailed Florida broker, facing sexual battery charge, ghosts FINRA

The regulator has been trying to reach imprisoned advisor Jason Foley.

Microsoft's AI workforce reset targets 27% of global staff in new buyout
Microsoft's AI workforce reset targets 27% of global staff in new buyout

Magnificent 7 firm continues to ‘right size’ workforce in AI-related shift also seen in financial services.

HSA investing gap creates retirement planning risk for clients
HSA investing gap creates retirement planning risk for clients

Healthcare inflation running at 280% of CPI - and most HSA holders are sitting in cash.

High-growth retirement plan advisors gain AUM faster, BlackRock data shows
High-growth retirement plan advisors gain AUM faster, BlackRock data shows

New research identifies the practice habits driving 121% DC AUM growth among the industry's top performers.

SPONSORED Built on insurance experience to deliver on long-term promises

Knighthead Life entered the market with a competitive MYGA. A strong launch earned advisor confidence and paved the way for FIAs.

SPONSORED In the Age of AI, Trust Becomes the Advisor's Greatest Asset

As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor