Pages Menu
TwitterRssFacebook

Posted by on Jun 29, 2015 in Active ETF Reports, ETF Strategist

AdvisorShares Active ETF Market Share Update – Week Ending 6/26/2015

AdvisorShares Active ETF Market Share Update – Week Ending 6/26/2015

Assets in actively managed ETFs contracted by $169 million, or 0.80%, to $20.564 billion. There was one new fund last week from a new provider, Hull Tactical, which brings the total fund count to 129.

WisdomTree was the only provider with meaningful asset flows as it lost $167 million for the week. ALPS had the only other decline greater than $10 million seeing $13 million head for the exit. On the positive side, State Street added $46 million followed by $11 million into WBI Shares.

At the strategy level, $163 million flowed out of Currency which is consistent with the outflows from WisdomTree. Global Bond had a $33 million inflow which ties in with the new money into State Street and Tactical had $11 million come in stemming from the new Hull Tactical fund as well as the assets going to WBI Shares.

The large outflow from WisdomTree was enough to move the needle in the market share table as the firm saw its share decline to 7.82% from 8.59%.

To subscribe to our full monthly report, please register at www.advisorshares.com (note the full report is only available to financial professionals).
 
2015.6.29_Chart1
2015.6.29_Chart2
 
Number of Active ETFs by Sponsor

2015.6.29_Chart3
 
Number of Active ETFs by Strategy

2015.6.29_Chart4

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.

The AlphaBaskets blog provides frequent market insight and commentary by AdvisorShares Investments, LLC, created by AdvisorShares and other leading active managers.  AdvisorShares Investments is an SEC-registered investment adviser and the investment adviser to the AdvisorShares actively managed ETFs. The views expressed on AlphaBaskets should not be taken as investment advice or a recommendation for any of the actively managed ETFs advised by AdvisorShares.

X