Virtus Reaves Utilities ETF (UTES)
| Assets | $98.45M |
| Expense Ratio | 0.49% |
| PE Ratio | 24.52 |
| Shares Out | 1.85M |
| Dividend (ttm) | $1.12 |
| Dividend Yield | 2.15% |
| Ex-Dividend Date | Jun 20, 2024 |
| Payout Ratio | 52.79% |
| 1-Year Return | +14.05% |
| Volume | 72,704 |
| Open | 51.81 |
| Previous Close | 51.72 |
| Day's Range | 51.81 - 52.31 |
| 52-Week Low | 38.82 |
| 52-Week High | 56.10 |
| Beta | 0.55 |
| Holdings | 21 |
| Inception Date | Sep 23, 2015 |
About UTES
Fund Home PageThe Virtus Reaves Utilities ETF (UTES) is an exchange-traded fund that mostly invests in utilities equity. The fund is an actively managed ETF that holds US utility stocks. UTES' managers aim to outperform the sector by selecting and weighting stocks based on fundamental, growth and risk metrics. UTES was launched on Sep 23, 2015 and is issued by Virtus Investment Partners.
Top 10 Holdings
73.20% of assets| Name | Symbol | Weight |
|---|---|---|
| NextEra Energy, Inc. | NEE | 17.91% |
| Vistra Corp. | VST | 10.57% |
| Constellation Energy Corporation | CEG | 10.51% |
| Talen Energy Corp Ordinary Shares New | TLNE | 6.40% |
| CenterPoint Energy, Inc. | CNP | 5.10% |
| Public Service Enterprise Group Incorporated | PEG | 5.04% |
| Sempra | SRE | 4.57% |
| Atmos Energy Corporation | ATO | 4.46% |
| Pinnacle West Capital Corporation | PNW | 4.32% |
| DTE Energy Company | DTE | 4.31% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 20, 2024 | $0.260 | Jun 27, 2024 |
| Mar 20, 2024 | $0.260 | Mar 26, 2024 |
| Dec 20, 2023 | $0.330 | Dec 29, 2023 |
| Sep 20, 2023 | $0.270 | Sep 28, 2023 |
| Jun 20, 2023 | $0.260 | Jun 28, 2023 |
| Mar 20, 2023 | $0.230 | Mar 28, 2023 |
News
Utilities, the Original Tech Stocks, Are Back!
The philosopher Nietzsche developed the concept of “eternal recurrence,” or that our lives will repeat infinitely. A look at the utilities sector might bear out the truth of this.
How Biden's infrastructure bill could impact the utilities trade
Jay Rhame, CEO of Reaves Asset Management, and Dave Nadig, chief investment officer and director of research at ETF Trends, discuss infrastructure and the utilities trade. With CNBC's Frank Holland.
ETF Edge, July 7, 2021
CNBC's Frank Holland digs into the latest trends impacting exchange-traded funds with Dave Nadig, chief investment officer and director of research at ETF Trends, Kathleen Smith, chairman, principal a...
Growth overtakes value yet again. Outlook for 2021's second half
Dave Nadig, chief investment officer and director of research at ETF Trends, and Jay Rhame, CEO of Reaves Asset Management, discuss the growth-value divide and share second-half strategies with CNBC's...
Biden's $579 billion infrastructure bill boosts related ETFs. What to watch now
Jay Rhame, CEO of Reaves Asset Management, and Dave Nadig, chief investment officer and director of research at ETF Trends, break down the benefits of the Biden administration's infrastructure bill. W...