, according to a report today from State Street Global Advisors. The slight decline comes after assets in the ETFs reached an all-time high of $695 billion on Sept. 30,” David Hoffman Reports From Investment News.
“Declines were concentrated in the large-cap and small-cap categories. Assets in large-cap ETFs fell more than $5.3 billion, and assets in small-cap ETFs fell more than $2.3 billion,” Hoffman Reports.
“Seven of the ten sector categories lost assets, with one-third of the total sector losses coming from financials, according to SSgA. The remaining losses were spread evenly among consumer discretionary, health care, industrials, materials, technology and utilities,” Hoffman Reports.
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