AdvisorShares Active ETF Market Share Update – Week Ending 4/25/14
The total net assets in the actively managed ETF space trended down $7 million from the previous week remaining practically unchanged – hovering at $15.6 billion. This slight movement was not attributed to a sideways market. In fact, all but two sponsors showed positive changes since the previous week. PIMCO had a slight decrease of $15 million, but WisdomTree was the largest neutralizer to the actively managed gains with their $155 million drop. This dip was mainly attributed to one of their foreign bond ETFs focused in Asia Pacific ex-Japan local debt countries. As such, most categories were positive from the previous week with foreign bonds showing the biggest loss. Guggenheim and AdvisorShares had the highest positive sponsor increases of about $80 million and $30 million respectively. The short term bond and high yield categories were the highest categorical changes with increase of $95 million and $25 million respectively.
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