AdvisorShares Active ETF Market Share Update – Week Ending 5/13/2016
Assets in actively managed ETFs inched up by $4 million to $25.165 billion. There were no new funds listed last week which leaves the count at 143.
Despite the small net change there where some big moves for individual fund providers and strategies. First Trust has a net decline of $164 million, and PowerShares shed $77 million, while Guggenheim and PIMCO each grew by $50 million, and State Street added $30 million.
High Yield added $55 million and Currency brought in $29 million. Alternative contracted by $51 million and Short Term Bond shed $32 million.
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