AdvisorShares Active ETF Market Share Update – Week Ending 3/17/2017
Assets in actively managed ETFs put in a strong showing last week, adding $494 million or 1.5% to $32.463 billion. There were no new funds so the overall count remains steady at 162.
The majority of that flow was at PIMCO which grew by $303 million followed by $98 million for First Trust. Decliners were modest, led by $27 million from PowerShares.
Consistent with the large flow into PIMCO, Short Term Bond was the big winner at the category level adding $345 million with Bank Loan a distant second with $47 million. Alternative was the only category in the red, contracting by $12 million.
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