AdvisorShares Active ETF Market Share Update – Week Ending 10/21/2016
Assets in actively managed ETFs had a strong week, adding $318 million, or 1.15%, to $27.967 billion. AdvisorShares closed one fund last week taking the fund count to 157.
First Trust added $146 million, PIMCO brought in $54 million and State Street chipped in with $40 million. Declines were very modest with Tuttle Tactical leading with $7 million.
At the Strategy level, Short Term Bond added $162 million, Alternative Income had a net gain on $47 million and Bank Loan had another strong week with $36 million in new AUM.
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