Assets in exchange traded funds rose by more than $5 billion between September and October as equity markets rebounded slightly, the fund industry’s chief representative group said today.

The Investment Company Institute said that assets in ETFs, or funds that are offered by an investment company that trade at market prices on exchanges, increased by $5.08 billion, with domestic ETF assets rising $4.77 billion. International ETF assets increased by $304 million, the organization said.

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