ETF Outflows in August Were Largest in History

``Investors pulled more than $17 billion from U.S.-listed exchange-traded funds in August, the largest monthly outflow in the 20-year history of the ETF industry, data firm IndexUniverse said on Wednesday. The asset management arm at Boston-based State Street Corp experienced the heaviest redemptions among ETF sponsors with $19.5 billion in outflows during August, IndexUniverse said. Most of that amount, $14 billion, was pulled from the SPDR S&P 500 ETF, as jittery investors worried about the stock market.''