Assets in actively managed ETFs increased by $58 million or 0.21% to $27.156 billion despite the huge selloff on Friday. There were no new funds last week which leaves the overall count at 148.
PIMCO had the largest net gain with $90 million followed by $24 million for State Street. WBI contracted by $35 million while WisdomTree dipped by $31 million.
At the category level Short Term Bond brought in $136 million, Alternative lost $40 million and Tactical was reduced by $36 million.
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Number of Active ETFs by Sponsor
Number of Active ETFs by Strategy
Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
Additional disclosure: To the extent that this content includes references to securities, those references do not constitute an offer or solicitation to buy, sell or hold such security. AdvisorShares is a sponsor of actively managed exchange-traded funds (ETFs) and holds positions in all of its ETFs. This document should not be considered investment advice and the information contain within should not be relied upon in assessing whether or not to invest in any products mentioned. Investment in securities carries a high degree of risk which may result in investors losing all of their invested capital. Please keep in mind that a company’s past financial performance, including the performance of its share price, does not guarantee future results. To learn more about the risks with actively managed ETFs visit our website http://AdvisorShares.com . AdvisorShares is an SEC registered RIA, which advises to actively managed exchange traded funds (Active ETFs). The article has been written by Roger Nusbaum, AdvisorShares ETF Strategist. We are not receiving compensation for this article, and have no business relationship with any company whose stock is mentioned in this article.