The value of assets held in exchange-traded funds increased $85.6 billion in January, or 8.2%, according to the Investment Company Institute.
That amounts to two-thirds of the value gained in the past year.
And was driven by interest in and appreciation of … domestic stocks.
All told, the value of assets of the nation’s exchange-traded funds were up $129.65 billion from the end of January 2011 to the end of January 2012.
That was 12.9% from the year before, according to ICI statistics released .
The combined assets of the nation’s exchange-traded funds reached $1.134 trillion in January.
Domestic equity funds gained $47.5 billion in value in January. That was 62.1% of the $76.4 billion gain in the 12 months ending in January.
Global equity funds were virtually unchanged, falling $384 million to $272.7 billion.
Bond funds were up $10.5 billion for the month and $53.5 billion for the year.
The monthly statistical report compiles information provided to ICI by exchange-traded funds and commodity funds.
