UTES - Virtus Reaves Utilities ETF
| Previous Close | 39.50 |
| Open | 39.52 |
| Bid | 39.35 x 1400 |
| Ask | 39.50 x 1100 |
| Day's Range | 39.08 - 39.18 |
| 52 Week Range | 32.61 - 40.41 |
| Volume | 1,392 |
| Avg. Volume | 5,477 |
| Net Assets | 23.18M |
| NAV | 38.97 |
| PE Ratio (TTM) | N/A |
| Yield | 1.93% |
| YTD Return | 17.08% |
| Beta (3Y Monthly) | 0.31 |
| Expense Ratio (net) | 0.49% |
| Inception Date | 2015-09-23 |
- MoneyShow•2 months ago
Look to Utilities as a Safe Harbor
It's time to look for some safe harbor investments. The goal is to find conservative investments where products, revenues or services are not tied to international trade, explains Tim Plaehn, income expert and editor of The Dividend Hunter.
- Zacks•2 months ago
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.
- ETF Trends•3 months ago
Reaves Utilities ETF is Now a Lot Cheaper
The utilities exchange traded fund formerly known as the Reaves Utilities ETF (NYSEArca: UTES) has a new name and a lower fee. The fund, which is keeping the ticker “UTES,” is now known as the Virtus Reaves ...
- ETF Trends•4 months ago
Is It Time to be Cautious With Utilities ETFs?
The utilities sector remains scorching hot. The Utilities Select Sector SPDR (NYSEArca: XLU), the largest utilities ETF by assets, traded higher again Tuesday, extending its year-to-date gain to nearly ...
- ETF Trends•4 months ago
Utility Sector ETFs Ascend to Record Highs
Stocks tumbled on Friday, but the utilities sector stood tall. Utilities, traditionally a safe-haven sector, lived up to that reputation on Friday when the Utilities Select Sector SPDR (NYSEArca: XLU), ...
- ETF Trends•4 months ago
Utilities ETFs Shine in a Low-Yield, Risk-Off Environment
While the rest of the markets tumbled, utilities stocks and sector-related ETFs stood out, strengthening in new low-risk environment with depressed yields. Among the better performing areas of the market ...
- ETF Trends•4 months ago
Utilities ETFs Like XLU Are Charging Higher
The Utilities Select Sector SPDR (XLU) , the largest utilities ETF by assets, and rival utilities ETFs are soaring this year. With expectations in place that the Federal Reserve may not hike interest rates this year, some defensive, rate-sensitive sectors are delivering impressive performances. The utilities sector was suppose to be a throw away investment as many anticipated a strong economy with a full labor market to push up interest rates, which traditionally weighed on the bond-like utilities stocks.
- Investopedia•6 months ago
Top Performing Utilities ETFs of 2018
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.
- ETF Trends•7 months ago
It Could Pay to be Defensive in 2019
Defensive sectors, including consumer staples and utilities, held up somewhat well relative to growth sectors as stocks swooned in the fourth quarter. The Utilities Select Sector SPDR (NYSEArca: XLU) posted ...
- ETF Trends•8 months ago
Utilities ETFs Providing Shelter From Equity Market Storms
Investors that embrace the utilities sector and exchange traded funds such as the Utilities Select Sector SPDR (XLU) often do so for two reasons: Above-average dividend yields and reduced volatility. During the recent bout of market volatility, utilities ETFs lived up to their shelter from the storm reputation. Over the past 90 days, XLU, the largest utilities ETF by assets, is up 3 percent while the S&P 500 is lower by 5.4 percent.
- ETF Trends•8 months ago
Stable, Defensive Sector ETFs for a Wobbly Market
As U.S. markets continue to wobble, investors who want to stay in the game can look to defensive sector-related ETFs for a more steady approach. “If the sell-off continues and it deepens, it’s going to ...
- ETF Trends•8 months ago
Defensive Utilities ETFs Take the Lead
Utilities stocks and sector-related ETFs were among the better performers Friday as investors took a more optimistic view over the defensive sector in response to easing bankruptcy concerns from the recent California wildfires. On Friday, the Utilities Select Sector SPDR (XLU) gained 1.3%, Vanguard Utilities ETF (VPU) rose 1.2%, Fidelity MSCI Utilities Index ETF (FUTY) added 1.3%, iShares U.S. Utilities ETF (IDU) increased 1.1% and Reaves Utilities ETF (UTES) was 0.9% higher. “We’re tilted toward a negative near-term outcome and expect a slowdown,” Barry Bannister, head of institutional equity strategy at Stifel Nicolaus, told the Wall Street Journal, adding that they have increased exposure to sectors such as utilities, consumer staples and health care.
- ETF Trends•9 months ago
Utilities ETFs Were a Steady Hand in a Shaky Market
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%, ...
- Business Wire•9 months ago
“UTES,” First Actively Managed Utilities ETF, Marks Three-Year Milestone
The Reaves Utilities ETF (NYSE MKT: UTES), the first and only actively managed utilities exchange-traded fund, has successfully demonstrated a three-year track record, outperforming its passive benchmark index, the S&P 500 Utilities Index,** since inception. As one of the first fully transparent actively managed ETFs launched in the industry, the Reaves Utilities ETF leverages Reaves Asset Management’s deep industry expertise, accrued over the firm’s four-decade-long track record of investing in the utilities sector, to invest in well-managed utilities, including mid- and small-cap companies not found in many of the market-cap weighted passive index funds. In addition, UTES is designed with the goal of reducing certain risks that passive utilities investors may take on unknowingly, such as unintended exposure to commodities and foreign exchange.
