AdvisorShares Active ETF Market Share Update – Week Ending 4/24/2015
Assets in actively managed ETFs increased grew by $280 million, or 14 basis points, to $20.105 billion marking the first time that total net assets in the space have exceeded $20 billion. There was one new fund launched last week bringing the total up to 124. Additionally, that new fund came from AlphaMark which is also a new fund issuer.
State Street saw the largest inflows at $106 million, followed by $42 million to First Trust and $24 million to WBI Shares. AlphaMark brought $25 million to its new fund. No firm’s outflows exceeded $100,000.
There were more pronounced moves at the category level led by $119 million flowing into Global Bond, followed by $36 million to Alternative Income and $34 million to Bank Loans. Short Term Bond was the only sizeable outflow at $36 million.
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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.