Right now, exchange traded funds are experiencing rapid growth with investors, financial professionals and institutions. In July, Knight Capital Group hired 15 ETF traders and salespeople, the hire a validation of the continuous trading and asset growth in ETFs. A month before in June, equities trading volume was at $4.7 trillion, with ETF’s trading volume at $1.4 trillion--approximately 30% of the equity trading volume.
State Street Global Advisors’ S&P Depositary Receipts Fund (AMEX: SPY) continues to be the most widely traded security, while other ETFs rank among the top of the trading-volume category. Although most actively managed ETFs to date have not generated significant trading volume, the one exception is the AdvisorShares Dent Tactical ETF (NYSE: DENT), which traded more than 1 million shares in the first four days of inception, making it the most actively traded actively managed ETF. To read more of Noah Hamman’s article, go to page 24 of the upcoming digital issue of EQUITIES Magazine. To access this issue of the magazine and more, sign up for a free one-year subscription to EQUITIES Magazine.
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Since 1951, EQUITIES has served both retail and institutional investors by examining industry trends, analyzing strategies and opportunities, and profiling financial leaders and emerging public companies. Its global audience increased dramatically after the launch of its European and digital versions, as well as its website, which provides free real-time market quotes and a free customizable, real-time portfolio-management interface. EQUITIES is also one of a select group of publications available on the Apple iPhone.
