Exchange-traded funds can still compete in today’s “stock picker’s” market, according to a top investor.<\/p>\n

“A lot of money is moving into active ETFs, because it provides the benefits that you have from active management [or] from stock picking \u2026 but also all the tax benefits and cost benefits that you have in an ETF,” Avantis Investors Chief Investment Officer Eduardo Repetto told CNBC’s “ETF Edge<\/a>” last week.<\/p>\n

He predicts actively managed ETFs will continue to gain traction through the second half of the year.<\/p>\n

“We used to only have index ETFs,” Repetto noted. However, he emphasized this has changed over the past three years as the number of actively managed ETFs has grown.<\/p>\n

Repetto’s firm is behind the Avantis U.S. Equity ETF<\/a><\/span><\/span><\/span>, an actively managed portfolio of U.S. stocks. Its website shows the fund’s top holdings are Apple,<\/a><\/span><\/span><\/span> Microsoft<\/a><\/span><\/span><\/span>, Amazon<\/a><\/span><\/span><\/span>, Meta Platforms<\/a><\/span><\/span><\/span> and Alphabet<\/a><\/span><\/span><\/span>.<\/p>\n

As of Friday, the ETF is up 12% this year and 49% over the past three years.<\/p>\n<\/div>\n<\/div>\n<\/div>\n

Source: www.cnbc.com<\/p>\n","protected":false},"excerpt":{"rendered":"

Exchange-traded funds can still compete in today’s “stock picker’s” market, according to a top investor. “A lot of money is moving into active ETFs, because it provides the benefits that you have from active management [or] from stock picking \u2026 but also all the tax benefits and cost benefits that you have in an ETF,”…<\/p>\n","protected":false},"author":1,"featured_media":41105,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"WB4WB4WP_MODE":"","WB4WP_PAGE_SCRIPTS":"","WB4WP_PAGE_STYLES":"","WB4WP_PAGE_FONTS":"","WB4WP_PAGE_HEADER":"","WB4WP_PAGE_FOOTER":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[78],"tags":[],"class_list":["post-41104","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"\n