AdvisorShares Active ETF Market Share Update – Week Ending 4/15/2016
Assets in actively managed ETFs increased by $116 million, or 0.46%, to $24.981 billion. There were five new funds launched last week, which brings the overall number up 143.
The largest gains went to First Trust and State Street with $164 million and $106 million respectively, followed by a $25 million uptick at PIMCO. WisdomTree had a net decline of $74 million followed by $56 million from PowerShares.
Fund flows were more evenly dispersed when looked at by category. The largest gainers included $82 million to Foreign Equity, $67 million to Short Term Bond and $46 million to Foreign Bond. Currency had the largest outflow with $84 million, consistent with the decline for WisdomTree. Alternative declined by $50 million followed by $42 million leaving Global Bond.
To subscribe to our full monthly report, please register at http://www.advisorshares.com/ (note the full report is only available to financial professionals).