Assets in actively managed ETFs continued to rebound from the panic in early February, adding $388 million to reach $49.49 billion in total net assets. The overall fund count remained steady at 213.
First Trust led weekly asset growth with $111 million followed by $77 million into Ark Investment. Declines were negligible with iShares losing a net $14 million.
At the strategy level, Global Equity brought in $83 million, Short Term Bond added $71 million and Alternative grew by $66 million. There were no noteworthy decliners.
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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 notguarantee 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 companwhose stock is mentioned in this article.