Reaves Utilities ETF (UTES)
| Assets | $50.16M |
| NAV | $47.77 |
| Expense Ratio | 0.49% |
| PE Ratio | 25.69 |
| Shares Out | 1.05M |
| Dividend (ttm) | $0.94 |
| Dividend Yield | 1.97% |
| Ex-Dividend Date | Mar 21, 2022 |
| 1-Year Return | +13.99% |
| Volume | 428 |
| Open | 49.22 |
| Previous Close | 47.75 |
| Day's Range | 47.75 - 47.75 |
| 52-Week Low | 40.82 |
| 52-Week High | 50.71 |
| Beta | 0.46 |
| Holdings | 25 |
| Inception Date | Sep 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.
Top 10 Holdings
61.52% of assets| Name | Symbol | Weight |
|---|---|---|
| NextEra Energy | NEE | 18.12% |
| Exelon | EXC | 5.46% |
| Entergy | ETR | 5.26% |
| Public Service Enterprise Group | PEG | 5.18% |
| Dominion Energy | D | 4.97% |
| Sempra Energy | SRE | 4.69% |
| Edison International | EIX | 4.64% |
| Bny Mellon Cash Reserve Usd | N/A | 4.42% |
| Ameren | AEE | 4.41% |
| NiSource | NI | 4.37% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 21, 2022 | $0.200 | Mar 29, 2022 |
| Dec 20, 2021 | $0.270 | Dec 29, 2021 |
| Sep 20, 2021 | $0.240 | Sep 28, 2021 |
| Jun 21, 2021 | $0.230 | Jun 29, 2021 |
| Mar 22, 2021 | $0.180 | Mar 30, 2021 |
| Dec 21, 2020 | $0.250 | Dec 30, 2020 |
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 ...
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...
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...
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 and...
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...
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...
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...
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.
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...
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...
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.
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.