Gray will succeed Winestock in joining the Committee comprised of the companyâs 12 most senior executives. In his new position, the 51-year-old Gray will join UPSâs Management Committee, comprised of the companyâs 12 most senior executives.
Assets Under Management (AUM) Assets under management (AUM) refers to the total market value of investments managed by a mutual fund, money management firm, hedge fund, portfolio manager, or other financial services company. AUM generally changes according to the flow of money into and out of a particular fund or company.
The following table lists the top 100 largest exchange-traded funds, ranked by assets under management (AUM).The AUM of an ETF is calculated by multiplying shares outstanding by the market price per share.An ETFâs assets will fluctuate based on both changes in the value of the underlying securities and the creation of new shares or redemption of existing shares.It is worth noting that there may be a difference between an ETFâs market capitalization and the net asset value (NAV) of its underlying securities.n ETFâs assets will fluctuate based on both changes in the value of the underlying securities and the creation of new shares or redemption of existing shares. It is worth noting that there may be a difference between an ETFâs market capitalization and the net asset value (NAV) of its underlying securities.