Actively managed ETF total net assets rose $45 million last week for an overall gain of 30 basis points. Changing market share demographics played a role in this net increase. First Trust steered Alternative Income for the biggest categorical gains by both sponsor and strategy, whereas PIMCO's market share dipped and contributed to Short Term Bond experiencing the most outflows. There remain a total of 85 actively managed ETFs currently trading although a couple fund launches await on the near-term horizon.
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Number of Active ETFs by Sponsor
Number of Active ETFs by Strategy(click to enlarge)Click to enlargeThere 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.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.