Reaves Utilities ETF (UTES)

NYSEARCA: UTES · IEX Real-Time Price · USD
0.00 (0.00%)
May 25, 2022 12:20 PM EDT - Market open
Expense Ratio0.49%
PE Ratio25.69
Shares Out1.05M
Dividend (ttm)$0.94
Dividend Yield1.97%
Ex-Dividend DateMar 21, 2022
1-Year Return+13.99%
Previous Close47.75
Day's Range47.75 - 47.75
52-Week Low40.82
52-Week High50.71
Inception DateSep 23, 2015

About UTES

The fund invests not less than 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities of companies in the Utility Sector (Utility Sector Companies). The manager considers a company to be a Utility Sector Company if at least 50% of the company's assets or customers are committed to, or at least 50% of the company's revenues, gross income or profits derive from, the provision of products, services or equipment for the generation or distribution of electricity, gas or water. The fund is non-diversified.

Asset ClassPortfolio-Multi Asset
RegionNorth America
IssuerReaves Asset Management
Stock ExchangeNYSEARCA
Ticker SymbolUTES
Index TrackedS&P Utilities Select Sector Index

Top 10 Holdings

61.52% of assets
NextEra EnergyNEE18.12%
Public Service Enterprise GroupPEG5.18%
Dominion EnergyD4.97%
Sempra EnergySRE4.69%
Edison InternationalEIX4.64%
Bny Mellon Cash Reserve UsdN/A4.42%
View More Holdings


Ex-DividendAmountPay Date
Mar 21, 2022$0.200Mar 29, 2022
Dec 20, 2021$0.270Dec 29, 2021
Sep 20, 2021$0.240Sep 28, 2021
Jun 21, 2021$0.230Jun 29, 2021
Mar 22, 2021$0.180Mar 30, 2021
Dec 21, 2020$0.250Dec 30, 2020
Full Dividend History


Under The Hood Of UTES, a Gold-Rated ETF Offering Utilities Exposure

Active exposure is rare among sector funds, especially with respect to utilities, which is one reason why investors favor the Virtus Reaves Utilities ETF (UTES). According to Morningstar, despite being ...

2 months ago - ETF Trends

Nontraditional Strategies to Consider in a Rising Rate Environment

Virtus Investment Partners, a multi-manager asset management business, discusses why advisors should consider preferreds, bank loans, and utilities for investing in, the importance of diversification in...

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3 months ago - ETF Trends

Non-Traditional Income: Strategies for a Rising Rate Environment

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3 months ago - ETF Trends

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
10 months 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 and...

10 months ago - CNBC Television

Growth overtakes value yet again. Outlook for 2021's second half

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10 months ago - CNBC Television

Biden's $579 billion infrastructure bill boosts related ETFs. What to watch now

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10 months ago - CNBC Television

Impact and Income: Are Utilities the Next Impact Investments?

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1 year ago - ETF Trends

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1 year ago - Zacks Investment Research

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2 years ago - ETF Trends

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2 years ago - ETF Trends

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