Sweeping away its competitors,
BlackRock Inc.'s ETF managed portfolio AUM rose by more than $1 billion in the third quarter.
The Chicago-based investment research specialist
Morningstar recently released its "Morningstar ETF Portfolio Landscape Report" for the third quarter of 2017.
Ben Johnson, director of global ETF research, penned the report.
Leading the pack was Blackrock's ETF strategist arm with an AUM growth of $1.290 billion in the third quarter, M* estimates. In second place was
Clark Capital Management Group Inc. with a growth of $810.7 million. Other big ETF strategist winners in Q3 include:
SEI Trust Company, up $620.7 million;
Columbia Management Investment Advisers, LLC, up $554.2 million; and
New Frontier Advisors, LLC, up $505.9 million.
On a relative basis, among the 25 biggest ETF strategists, New Frontier Advisors had the biggest Q3 growth, with AUM rising by 23.92 percent. Other big winners in Q3 include: BlackRock, up 21.79 percent;
WestEnd Advisors, LLC, up 18.72 percent; Clark Capital Management, up 17.73 percent; and SEI, up 17.21 percent.
On the flip side, Q3 was a rough quarter for
Members Trust Company, whose AUM dipped $608 million. Among the 25 biggest ETF strategists, the only other AUM sufferer was
Stadion Money Management,LLC, whose AUM slipped by $40.2 million. On a relative basis, Members Trust's AUM slipped by 33.5 percent and Stadion's AUM slipped by 1.26 percent.
Industrywide, total AUM increased by 7.5 percent to $115 billion in the third quarter, M* estimates. As of the end of Q3 2017, M* tracked 1,093 strategies from 179 different ETF strategists, an increase from Q2 of 70 strategies and one strategist. 
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