AdvisorShares Active ETF Market Share Update – Week Ending 2/19/2016
Assets in actively managed ETFs grew by $327 million, or 1.4%, to $24.355 billion. The fund count now stands at 136 after a ProShares fund changed from a passive to an active strategy.
The largest growth came from First Trust, which had positive fund flows of $70 million, but a net increase of $133 million thanks to favorable market conditions. ALPS, a name we don’t mention often in this report, had a strong week with a $43 million inflow representing an almost 10% increase in assets. State Street, PIMCO and iShares each brought in $30-$40 million. No firm had outflows greater than $10 million.
At the strategy level, income segments led growth with Global Bond increasing by $86 million, Short Term Bond growing by $69 million, and High Yield adding $55 million. As with fund sponsors, there were no strategies with outflows greater than $10 million.
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