As markets continued to rise in April, assets held in exchange-traded funds increased for the third consecutive month.

According to monthly data from State Street Global Advisors [STT] released Monday, assets held in U.S. exchange-traded funds rose 2.9% from a month earlier to $830 billion. Exchange-traded funds outpaced the Standard & Poors 500 Composite Index, which rose 1.5% in April

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