Assets in U.S. exchange-traded funds rose to $924.9 billion as of October 31 - its highest level on record - up $39.9 billion or 4.5% during the month.

According to monthly data collected by State Street Global Advisors, ETF investors increased their appetite for dividend/fundamental ETFs in October, as assets in this category increased $2.9 billion or 12% during the month. State Street found that as of Oct. 31, 2010, 938 ETFs were managed by 32 ETF managers.

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