AdvisorShares Active ETF Market Share Update – Week Ending 12/16/2016
Assets in actively managed ETFs had a small, $24 million boost last week to $29.276 billion. There were no new funds last week so the count remains at 160.
Despite the small net change there was a little more movement beneath the surface as First Trust had a net increase of $85 million. iShares added $38 million and Franklin gained $21 million, which represents an approximate 10% jump for the latter fund provider. There were several decliners of note including $39 million from PIMCO and $34 million from PowerShares.
Alternative Income was the leader at the strategy level, bringing in $65 million, while Bank Loan added $54 million and Short Term Bond chipped in with $37 million. Global Bond contracted by $43 million while Alternative lost $29 million.
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