AdvisorShares Active ETF Market Share Update – Week Ending 8/5/2016
After a long run of weekly gains, assets in actively managed ETFs contracted by $124 million, or 0.46%, to $26.568 billion. Calamos closed its lone actively managed ETF, which takes the overall fund count to 150.
Activity at the fund issuer level witnessed a $91 million drop for iShares and a $79 million decline for PowerShares. Gainers proved very modest as State Street brought in $16 million, Guggenheim added $14 million and PIMCO $13 million.
The category level saw slightly more balanced changes. Alternative declined $72 million, Short Term Bond took a $42 million reduction followed by $18 million from Tactical. Alternative Income added $17 million and Floating Rate grew by $15 million.
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