AdvisorShares Active ETF Market Share Update – Week Ending 4/20/2018
Assets in actively managed ETFs added $691 million last week, and total assets now stand at $53.14 billion. Two fund closures occurred, which takes the total number of funds down to 224.
JP Morgan, a name we haven’t mentioned very often, led the inflows with a net gain of $135 million followed by $133 million for First Trust. Quite a few issuers saw declines last week but they were small, with Guggenheim’s $19 million drop being the largest.
At the category level, Short Term Bond brought in $296 million with Bank Loan a distant second with $152 million. Global Bond was the only decliner of note, giving up $55 million.
Also, one fund offered by EventShares will be changing its name and ticker symbol as of April 27. You can learn more by subscribing to our monthly AdvisorShares Active ETF Report. Register at info.advisorshares.com/ActiveETFReport (note the full report is only available to financial professionals).
There 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.