AdvisorShares Active ETF Market Share Update – Week Ending 6/5/2015
Assets in actively managed ETFs registered an $11 million increase to $381 million. There were no new funds launched which leaves the count at 125. Despite the small net change there were some large moves at the sponsor and category levels both in terms of fund flows and price movement.
iShares had positive flows of $235 million. First Trust had outflows of $74 million and lost an additional $40 to adverse price action. PIMCO endured a $59 million exodus with another $30 million decline in market value.
There were interesting moves at the category level which saw positive fund flows in 10 out of 16 categories, with three categories registering no change and three with small declines. However 11 of the 16 categories saw the market go against them last week with the largest losses seen in Alternative Income and Global Bond. Short Term Bond was a standout to the upside with a $60 million net gain in the market mostly attributable to $63 million in positive asset flows.
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