For the week ended September 5, First Trust had nearly $1.7 billion in actively managed ETF assets, making it the fourth-largest issuer of such products.

Increased demand for actively managed ETFs and the potential for a more favorable regulatory environment could make actively managed ETFs a $500 billion asset class by 2020, according to a new report by SEI Investments. [Rapid Growth Seen for Actively Managed ETFs]

FTLS is the eleventh new ETF introduced by First Trust this year.

 

ETF Trends editorial team contributed to this post.

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