AdvisorShares Active ETF Market Share Update – Week Ending 6/2/2017
Assets in actively managed ETFs climbed higher last week to $35.89 billion. One fund closed and another launched, which left 170 total active ETFs trading at week’s end.
First Trust took the top spot for AUM growth, adding $98 million, followed by State Street gaining $60 million. Guggenheim contracted by $20 million while PowerShares lost $13 million.
US Equity led at the category level bringing in $38 million, followed by $32 million to Alternative Income and $30 million to Bank Loan. Alternative stood as the only decliner of note, dropping $25 million.
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Number of Active ETFs by Sponsor
Number of Active ETFs by Strategy
There are risks involved with investing in ETFs including possible loss of money. Shares are actively managed and are subject to risk similar to stocks, including those related to short selling and margin maintenance. Ordinary brokerage commissions apply. Shares are not individually redeemable and owners of the shares may acquire those shares from the Funds and tender those shares for redemption to the Funds in Creation Unit aggregations only, typically consisting of 50,000 shares.