|Bid||0.00 x 1200|
|Ask||0.00 x 900|
|Day's Range||28.60 - 28.80|
|52 Week Range||24.65 - 29.08|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.42|
|Expense Ratio (net)||0.63%|
Utilities stocks were something of a mixed bag in 2018. Companies offering products and services related to water, electricity, gas and other infrastructure managed to outperform many other sectors. However, broad losses across the market in the last portion of the year leveled the playing field to some extent.
Utilities sector exchange traded funds were among the worst performers Monday after PG&E (PCG) prepares its bankruptcy filing in response to the devastating liabilities incurred during the widespread wildfires across California. On Monday, the Invesco S&P 500 Equal Weight Utilities ETF (RYU) fell 3.0%, First Trust Utilities AlphaDEX Fund (FXU) dropped 2.7% and Utilities Select Sector SPDR (XLU) decreased 2.4%, with the utilities sector-related ETFs briefly testing their long-term support at the 200-day simple moving average. PG&E said it is preparing to file for Chapter 11 bankruptcy for all its businesses due to the liabilities linked to the wildfires in 2017 and 2018, Reuters reports.
This week's ETF Leaders list includes two utility plays that are holding up better than most other funds, relatively speaking, in a volatile stock market.
First Trust Advisors L.P. announces the declaration of distributions for 128 exchange-traded funds advised by FTA.
Tis the season to see volatility as U.S. equities have given investors a roller coaster ride of market oscillations the past two months, but as investors look to duck under safe-haven assets, one place ...
While the rest of the markets stumbled, utilities stocks and sector-related ETFs continued to push forward over October. Over the past month, the Utilities Select Sector SPDR (NYSEArca: XLU) gained 1.9%, ...
As the victorious Boston Red Sox hoisted the 2018 World Series trophy on Sunday, investors got accustomed to even more red in U.S. equities during the month of October as Monday's trading session saw the Dow Jones Industrial Average gain 300 points early in the day before falling by over 200 points at the close of the markets. Needless to say, October hasn't been kind to U.S. stocks as the technology sector, in particular, has gotten trounced.
As U.S. equities experienced swings over recent weeks, utilities stocks and utility ETFs have outperformed. Over the past month, the Utilities Select Sector SPDR (NYSEArca: XLU) rose 2.2%, Vanguard Utilities ...