AdvisorShares Active ETF Market Share Update – Week Ending 7/15/2016
Assets in actively managed ETFs increased by $135 million last week, or 0.51%, to $26.469 billion. There were no new funds, which leaves the count at 148.
Most of the gain was attributable to the $110 million net increase at First Trust followed by $35 million to Guggenheim and $30 million for PowerShares. PIMCO contracted by $41 million while WBI Shares slid by $18 million.
At the category level, the largest gains were $53 million for High Yield and $51 million for Alternative Income, which is consistent with the idea of investors looking for yield as more traditional income market payouts remain at historically low levels.
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