Akre Focus ETF (AKRE)

The Akre Focus ETF (AKRE) is an actively managed exchange-traded fund advised by Akre Capital Management, an investment firm based in Middleburg, Virginia, founded by Chuck Akre. It invests in a concentrated portfolio of stocks selected through long-term, fundamental research.

The firm's approach is often summarized as a three-legged stool: it looks for businesses with exceptional economics and high returns on capital, managed by people with integrity and talent, and with ample opportunities to reinvest their cash flows at attractive rates. Holdings are typically kept for many years, and the portfolio tends to have low turnover and significant weight in its largest positions.

Because it does not track an index, the fund's sector weights and returns can differ substantially from those of the broad market. Its shares trade on NYSE Arca.