AdvisorShares Active ETF Market Share Update – Week Ending 3/3/2017
Assets in actively managed ETFs decreased by $10 million to $31.968 billion. There were no new funds last week, which leaves the count at 162.
Despite the unusually small headline move, there were some noteworthy changes at the fund sponsor level led by a $103 million net gain for First Trust, and $63 million into PIMCO. On the declining side, iShares contracted by $61 million, followed closely by Fidelity at $60 million and $48 million from PowerShares.
At the strategy level, the largest gains were seen in High Yield, Bank Loan and Alternative Income underscoring investors’ need for yield from non-traditional sources. More traditional income sectors saw the largest declines: Global Bond and Short Term Bond.
To subscribe to our full monthly report, please register at http://www.advisorshares.com/ (note the full report is only available to financial professionals).
Number of Active ETFs by Sponsor
Number of Active ETFs by Strategy