Net inflows into exchange-traded funds in the first half of 2010 beat inflows into ETFs in the previous year, according to State Street Global Advisors, the investment management business of State Street Corp.
ETF industry assets in the United States fell 0.4% during the first half of 2010, as investors held $772 billion in 897 ETFs as of June 30, 2010, State Street Global Advisors reported. During the same period, the Standard & Poor’s 500 Index slid 8.9%.
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