Urban Financial Buys $29 Million of Akre Focus ETF

Urban Financial bought a significant stake in Akre Focus, the new ETF version of the famous mutual fund managed by Chuck Akre. The firm also reduced its position in the SPDR S&P 500 ETF , while adding exposure to other funds focused on mid-cap and large-cap stocks and international bonds.Akre Focus ETF implements a disciplined, high-conviction investment approach, emphasizing business quality, management integrity, and reinvestment potential. The fund's strategy is designed to identify and hold companies wi ...