AdvisorShares Active ETF Market Share Update – Week Ending 4/17/2015
Assets in actively managed ETFs increased last week by $36 million or 0.2% to $19.822 billion. The number of funds held steady at 123.
Fidelity Investment is not a name mentioned too often in this report but it last week it saw $82 million in outflows which was the only meaningful decline at the firm level. Asset growth was more evenly dispersed with iShares leading the way with $38 million followed by $20 million to WisdomTree and $16 million to State Street.
Short Term Bond had the only sizable decline at the category with a contraction of $107 million. Global Bond had a $63 million inflow followed by $21 million to Alternative Income and $17 million to Foreign Bond.
The big drop for Fidelity reduced its market share from 1.13% to 0.71%.
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Number of Active ETFs by Sponsor
Number of Active ETFs by StrategyThere are risks involved with investing in ETFs including possible loss of money. Shares are actively managed and are subject to risk similar to stocks, including those related to short selling and margin maintenance. Ordinary brokerage commissions apply. Shares are not individually redeemable and owners of the shares may acquire those shares from the Funds and tender those shares for redemption to the Funds in Creation Unit aggregations only, typically consisting of 50,000 shares.