The ETF Industry Association says net inflows into exchange-traded funds in July 2012 were $16.3 billion, according to an S&P Capital IQ report released Tuesday—up from $12.1 billion in June. For the first seven months of this year, ETF net cash flows total $89 billion, the industry group says.
Data reported by Morningstar on Monday puts net long-term ETF inflows at $13.3 billion for July and $96.2 billion year to date. The Chicago-based research group also says that the top 10 fund families collected $11.8 billion, or 89 percent of total ETF inflows.
For the first seven months of 2012, the three top ETF providers had a combined market share of about 84 percent, according to ETFIA data—with BlackRock (iShares) at 41 percent, followed by State Street with 25 percent and Vanguard with 18 percent.
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Janet Levaux
Janet Levaux, MA/MBA, is Editor in Chief of ThinkAdvisor & Investment Advisor. She's covered the financial markets since 1991 and advisors since 2005. Janet studied at Yale, Johns Hopkins SAIS and St. Mary's College of California. She's also lived and worked in Asia, Europe and Latin America, raised two sons, and won a Neal Award for top news coverage in 2020.
