{"id":3869,"date":"2021-10-18T08:27:07","date_gmt":"2021-10-18T08:27:07","guid":{"rendered":"https:\/\/investwithanedge.com\/?page_id=3869"},"modified":"2021-10-18T08:27:07","modified_gmt":"2021-10-18T08:27:07","slug":"etf-stats-for-february-2012-2nd-highest-launch-count-on-record","status":"publish","type":"page","link":"https:\/\/investwithanedge.com\/etf-stats-for-february-2012-2nd-highest-launch-count-on-record\/","title":{"rendered":"ETF Stats for February 2012: 2nd Highest Launch Count On Record"},"content":{"rendered":"
Launch activity continued at a blistering pace last month. February\u2019s new product count of 48 (40 ETFs and 8 ETNs) was second only to the 50 launches in January 2007. BlackRock\u2019s iShares brand accounted for 23 of February\u2019s new products and 35 of the 71 year-to-date total. The iShares brand name currently adorns 269 US-listed funds.<\/p>\n
February also brought the year\u2019s first casualties with eight Global X ETFs delisting on February 16, resulting in a net increase of 40 products for the month. The active product count now stands at 1,432 consisting of 1,221 ETFs and 211 ETNs. The year-to-date net increase is 63 (55 ETFs and 8 ETNs). Actively managed funds numbered only 41 at the end of the month.<\/p>\n
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The industry\u2019s assets under management climbed 4.6% to $1.20 trillion with ETNs registering a 12.9% increase. Trading activity climbed for the first time in months. Total dollar volume (value traded) approached $1.23 trillion, resulting in an asset turnover of 102%.<\/p>\n
ETFs averaging more than $1 billion per day of trading held steady at eight. The number of ETPs averaging more than $100 million in dollar volume per day slipped to 71, and the number with more than $10 million per day grew from 229 to 235.<\/p>\n