AdvisorShares Active ETF Market Share Update – Week Ending 12/24/2015
Assets in actively managed ETFs had a strong positive flow of $317 million, or 1.4%, to $22.704 billion in the holiday shortened week. There was one new fund launch last week, which brings the total up to 137.
PowerShares led the way with $166 million of inflows, followed by $60 million to First Trust and $40 million to State Street. Outflows were of course smaller with $30 million from PIMCO and $11 million from WisdomTree. Price appreciation also contributed to gains last week, most notably at First Trust.
At the strategy level, Alternative added $160 million. Alternative Income had positive flows of $40 million as well as an additional $42 million from NAV growth. Multi-Asset had outflows of $16 million. The Currency category had an outflow of $11 million but lost an addition $18 million due to adverse trading. Finally, the Tactical category had $3 million in outflows but a net gain of $19 million, thanks to favorable NAV performance.
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