AdvisorShares Active ETF Market Share Update – Week Ending 4/21/2017
Assets in actively managed ETFs had a small bump, adding $172 million, or 0.5%, to $33.465 million. First Trust brought two new funds to the market, which takes the industry count up to 162.
PIMCO led the way with $66 million added to its AUM, followed by $60 million for First Trust and $49 million at State Street. iShares was the largest decliner, dropping $21 million. Franklin contracted by $7 million, which is not large nominally but did amount to 3% of its assets.
At the strategy level, Global Bond grew by $75 million while Short Term Bond added $44 million. The only decliner of note was Alternative, which dropped $25 million.
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