Virtus Reaves Utilities ETF (UTES)

NYSEARCA: UTES · IEX Real-Time Price · USD
48.48
+0.33 (0.69%)
At close: Mar 28, 2024, 3:43 PM
48.55
+0.07 (0.15%)
After-hours: Mar 28, 2024, 8:00 PM EDT
0.69%
Assets $54.12M
Expense Ratio 0.49%
PE Ratio 22.88
Shares Out 1.10M
Dividend (ttm) $1.12
Dividend Yield 2.31%
Ex-Dividend Date Mar 20, 2024
Payout Ratio 52.47%
1-Year Return +8.37%
Volume 2,569
Open 48.14
Previous Close 48.15
Day's Range 48.14 - 48.48
52-Week Low 38.82
52-Week High 48.55
Beta 0.49
Holdings 22
Inception Date Sep 23, 2015

About UTES

Fund Home Page

The 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.

Asset Class Equity
Category Utilities
Region North America
Stock Exchange NYSEARCA
Ticker Symbol UTES

Top 10 Holdings

69.64% of assets
Name Symbol Weight
NextEra Energy, Inc. NEE 14.39%
Vistra Corp. VST 9.04%
Constellation Energy Corporation CEG 7.98%
Public Service Enterprise Group Incorporated PEG 7.22%
PG&E Corporation PCG 6.72%
Sempra SRE 5.74%
Edison International EIX 4.69%
Atmos Energy Corporation ATO 4.67%
DTE Energy Company DTE 4.66%
NiSource Inc. NI 4.53%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
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
Dec 20, 2022 $0.309 Dec 29, 2022
Full Dividend History

News

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.

Other symbols: XLU
2 years ago - CNBC Television

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...

Other symbols: IPOPAVESNOWXLU
2 years ago - CNBC Television

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...

Other symbols: PAVEXLU
2 years ago - CNBC Television

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...

Other symbols: PAVE
2 years ago - CNBC Television