AdvisorShares Active ETF Market Share Update – Week Ending 6/23/2017
Assets in actively managed ETFs moved ahead by $147 million, or 0.25%, to $36.37 billion. The overall fund count remained at 172.
First Trust had the largest gain adding $90 million, followed by $40 million to PIMCO while newcomer FormulaFolios continued strongly with an additional $37 million. Fidelity endured a drop of $85 million.
At the strategy level, Alternative Income was the leader with a gain of $51 million, followed by $39 million to Tactical and $30 million to Foreign Equity. High Yield contracted by $29 million and Alternative lost $19 million.
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Number of Active ETFs by Sponsor
Number of Active ETFs by Strategy
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.