Von Aldo

U.S. ETF Assets Reach Record in October

America's love affair with exchange traded funds continues, as assets in 938 ETFs totaled a record high $924.9 billion as of October 31 --- up $39.9 billion or 4.5% during the month, according to State Street Global Advisor's monthly ETF report.

According to the report, "ETF investors increased their appetite for dividend/fundamental ETFs in October, as assets in this category increased $2.9 billion or 12% during the month."

And, the report says, the runup was "fueled by a $14.6BN increase in the International Category."

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