Assets held in exchange-traded funds grew 0.4% in February, according to data from the Investment Company Institute.
The combined assets of the nation's exchange-traded fund portfolios rose to $223.86 billion, according to the institute, the investment company industry's trade group.
An exchange-traded fund's shares trade intraday on stock exchanges at market-determined prices. Investors may buy or sell exchange-traded fund shares through a broker just as they would the shares of any publicly traded company.
The institute's report said equity index exchange-traded fund assets increased by $247 million, to $213.74 billion, and that bond index exchange-traded fund assets grew $721 million, to $10.12 billion. Domestic equity ETF assets fell $3.82 billion, and international equity ETFs grew by $4.07 billion.
In February the value of all exchange-traded fund shares redeemed exceeded that of shares issued by $4.49 billion. Equity index ETFs had negative net issuance of $5.31 billion, but bond ETFs had a positive net issuance of $815 million.
Gross issuance of all exchange-traded funds fell last month, to $12.47 billion from $14.36 billion in January, and redemptions rose to $16.96 billion, from $11.37 billion.
The 103 exchange-traded funds that track domestic stock indexes held assets of $175.62 billion in February, and the 43 ETFs that track international equity indexes held $38.11 billion.
