AdvisorShares Active ETF Market Share Update – Week Ending 10/28/2016
Assets in actively managed ETFs increased by a modest $83 million, taking the total above $28 billion for the first time. There was one closure last week along with one new launch which leaves the overall count at 157.
Flows were very mixed. First Trust brought in $127 million while PowerShares added $22 million. iShares lost $29 million, WBI Shares contracted by $27 million and PIMCO declined by $21 million.
At the category level, Alternative led with $88 million in positive flows, followed by $20 million into US Bond and $19 million each for Short Term Bond and Alternative. Global Bond had a net decline of $32 million with a $28 million outflow for Tactical.
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