Assets in exchange-traded funds jumped 50% last year, to $226.2 billion, the Investment Company Institute reported.
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They rose 6.8% in November alone, the Washington trade group said Tuesday in its monthly report.
Exchange-traded funds trade intraday on stock exchanges. Assets in the stock-index variety rose 48.7% from a year earlier, to $217.7 billion. Assets in the bond-index type rose 80.9%, to $8.5 billion.
The ICI said there were 151 exchange-traded funds at yearend, up from 119 a year earlier.
Last month the share value of all such funds issued exceeded that of redeemed shares by $8.74 billion. That figure, called net issuance, slipped 24% from November as gross issuance declined and redemptions increased.
