AdvisorShares Active ETF Market Share Update – Week Ending 2/10/2017
Assets in actively managed ETFs experienced a net gain of $380 million to reach $31.233 billion in total net assets. The number of active ETFs trading declined by four to 161. Alpha Architect, sponsor of MomentumShares and ValueShares, successfully changed the SEC exemptive of their four ETFs from actively managed to passively managed. While not covered in last week’s active ETF market share update, this change went into effect on February 1st.
On the provider level, First Trust grew by $143 million, PIMCO added $121 million and State Street gained $84 million. Aside from the aforementioned change at Alpha Architect, the only other outflows of note came from Guggenheim, which realized a $19 million decline.
At the strategy level, Short Term Bond witnessed an increase of $147 million, Global Bond gained $75 million and Alternative Income added $55 million. No strategy category lost more than $5 million during the last one week period.
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