Net Issuance Increases Following Two Months of Net Redemptions

Total assets of exchange-traded funds rose to $75.6 billion at the end of June, the Investment Company Institute announced today. That represents about a 4% increase from the end of May, after a slight decrease from the previous month.

Domestic Broad-based ETF assets rose from $63.7 billion to $66.9 billion, however domestic sector ETFs fell slightly from $7.09 billion to $6.72 billion in June. Global ETF assets stood at $1.92 billion at the end of June, unchanged from the end of May.

The value of shares issued exceeded that of shares redeemed by $3.42 billion in June, after net redemptions in April and May.

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