Reaves Utilities ETF (UTES)

NYSEARCA: UTES · IEX Real-Time Price · USD
47.75
0.00 (0.00%)
May 25, 2022 12:20 PM EDT - Market open
Assets$50.16M
NAV$47.77
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%
Volume428
Open49.22
Previous Close47.75
Day's Range47.75 - 47.75
52-Week Low40.82
52-Week High50.71
Beta0.46
Holdings25
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
SectorUtilities
RegionNorth America
IssuerReaves Asset Management
Stock ExchangeNYSEARCA
Ticker SymbolUTES
Index TrackedS&P Utilities Select Sector Index

Top 10 Holdings

61.52% of assets
NameSymbolWeight
NextEra EnergyNEE18.12%
ExelonEXC5.46%
EntergyETR5.26%
Public Service Enterprise GroupPEG5.18%
Dominion EnergyD4.97%
Sempra EnergySRE4.69%
Edison InternationalEIX4.64%
Bny Mellon Cash Reserve UsdN/A4.42%
AmerenAEE4.41%
NiSourceNI4.37%
View More Holdings

Dividends

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

News

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...

Other symbols:PFFAPFFRSEIX
3 months ago - ETF Trends

Non-Traditional Income: Strategies for a Rising Rate Environment

The hunt for income has become a never-ending quest in recent years, as the bond markets' rapidly changing dynamics simply aren't getting the job done for most investors. In response, many advisors have...

Other symbols:AMZASEIX
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...

Other symbols:DIDIIPOPAVESNOWXLU
10 months 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 F...

Other symbols:PAVEXLU
10 months 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. Wit...

Other symbols:PAVE
10 months ago - CNBC Television

Impact and Income: Are Utilities the Next Impact Investments?

Utilities stocks aren't the first assets that come to mind when considering impact investing, but with certain strategies like the Virtus Reaves Utilities ETF (NYSEArca: UTES), investors can find some p...

1 year ago - ETF Trends

Forget Gold, Bet on Utilities ETFs for a Safe Haven

With the safe asset gold peaking an all-time high and currently losing a bit, investors should dig into other safe sectors like utilities.

Other symbols:FUTYPUIVPUXLU
1 year ago - Zacks Investment Research

This Utilities ETF Will Power Your Portfolio with Renewable Energy

Even before environmental, social, and governance (ESG) became a hot buzzword in the financial market’s lexicon, Virtus Investment Partners was already delving into one of its main initiatives—clean ene...

2 years ago - ETF Trends

Depressed Bond Yields Help These Sector ETFs Shine

In times of uncertainty with rates under pressure as investors shifted to safe-haven plays, attractive yield-generating sector ETFs covering the real estate and utilities segments outperformed, and touc...

2 years ago - ETF Trends

5 of the Best Utility ETFs to Invest in Now

Utility ETFs are some of the best ETFs to buy in tough times. Here are five that stand out from the crowd, while retaining the sector's general sense of safety.

Other symbols:FUTYPSCUPUIRYU
2 years ago - InvestorPlace

5 Must-See ETF Charts on Earnings & Trade War Impact

We have highlighted five ETFs that buoyed on the combination of the renewed trade fears or better earnings over the past month.

Other symbols:EMLPIHFKBWPXAR
2 years ago - Zacks Investment Research