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Friday, June 28, 2019|
The $1T ETF AUM Club Doubles
Tim Buckley and his team at the low-cost leviathan have passed another milestone, though they were second this time.
To put those numbers in perspective, as of the end of May, the entire ETF and exchange traded product (ETP) industry worldwide had $5.32 trillion in AUM, ETFGI estimates. In other words, the two biggest U.S. ETF shops together now account for 48 percent of all ETF AUM worldwide.
It may be a little while before a third member joins the exclusive $1-trillion-plus-ETF-AUM club. As of June 26, the third, fourth and fifth biggest ETF shops had less than $1 trillion in combined ETF AUM between; the biggest of those, SSgA, had about $643 billion.
Printed from: MFWire.com/story.asp?s=59896
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