Exchange-traded fund flows reached $191 billion in 2012, Morningstar's Michael Rawson reported on Jan. 4. Last year's assets surpassed the previous record of $169 billion in 2008.
Much of that growth came in December when inflows were nearly $38 billion, Rawson said.
Rawson noted that in 2008, assets were flowing into U.S. stock ETFs, while last year, investors were putting their money in international, fixed-income and sector stock ETFs. As of December 2012, U.S. stock ETFs were at $478 billion in net assets. International stock ETFs had $292 billion and sector stocks had $184 billion.
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