AdvisorShares Active ETF Market Share Update – Week Ending 12/04/2015
Assets in actively managed ETFs had a modest $10 million, five basis point, increase to $22.222 billion but that $10 million doesn’t really tell the story. There was actually $114 million in positive of fund flows, most of which was wiped off the books due to a decline in net assets value attributable in large part to the carnage in the MLP space.
For example, First Trust had $30 million in positive fund flows but lost $31 million in price movement. State Street had $128 million in new flows but endured a more modest $10 million price decline to net out at $118 million.
At the strategy level, Alternative Income, which includes MLPs had a $15 million positive flow but had a net change of $51 million to the negative decline in assets. The Alternative category had a negative flow of $6.9 million but lost a net $16 million for the week.
There was one new fund to list which brings the total number of active ETFs trading up to 136.
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