AdvisorShares Active ETF Market Share Update – Week Ending 2/17/2017
Assets in actively managed ETFs added $325 million, more than 1%, to reach $31.559 billion. There was one new fund from First Trust last week, which brings the total to 162.
First Trust was the leader in asset growth with $159 million followed by $94 million for State Street and $35 million for PIMCO. There were very few decliners last week with only PowerShares standing out with a $41 million drop.
At the strategy level, Bank Loan showed continued popularity adding $87 million, Global Bond added $83 million and Short Term Bond chipped in with $72 million. Again, very few categories lost assets; Alternative contracted by $25 million.
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