Investor Believes ETFs Can Thrive in a Market Dominated by Stock Pickers
Originally Published 2 years ago — by CNBC
Exchange-traded funds (ETFs) can still compete in today's "stock picker's" market, offering the benefits of active management and stock picking along with tax and cost advantages, according to Avantis Investors Chief Investment Officer Eduardo Repetto. He predicts that actively managed ETFs will continue to gain traction in the second half of the year. Over the past three years, the number of actively managed ETFs has grown, providing investors with more options beyond index ETFs. Avantis Investors' actively managed Avantis U.S. Equity ETF, with top holdings in Apple, Microsoft, Amazon, Meta Platforms, and Alphabet, has seen a 12% increase this year and a 49% increase over the past three years.