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NYSEARCA:UTES

Virtus Reaves Utilities ETF (UTES) Price, Holdings, & News

$65.61 +0.68 (+1.05%)
(As of 11/15/2024 ET)

About Virtus Reaves Utilities ETF (NYSEARCA:UTES)

Key Stats

Today's Range
$64.51
$65.65
50-Day Range
$56.24
$66.41
52-Week Range
$42.21
$66.71
Volume
55,395 shs
Average Volume
35,480 shs
Market Capitalization
$82.01 million
Assets Under Management
$242.57 million
Dividend Yield
1.62%
Net Expense Ratio
0.49%
Aggregate Rating
Moderate Buy

ETF Overview

The Virtus Reaves Utilities ETF (UTES) is an exchange-traded fund that is based on the S&P Utilities Select Sector index. The fund is an actively managed ETF that holds US utility stocks. UTES' managers aim to outperform the sector by selecting and weighting stocks based on fundamental, growth and risk metrics. UTES was launched on Sep 23, 2015 and is managed by Virtus.

Virtus Reaves Utilities ETF Expenses

TypeUTESUtilities ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.49%0.42%0.55%0.51%0.52%
Other Expenses0.00%0.63%0.49%0.57%0.53%
Total Expense0.49%0.73%0.71%0.73%0.71%
Fee Waiver0.00%-0.87%-0.52%-0.67%-0.57%
Net Expense0.49%0.49%0.61%0.58%0.59%
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UTES ETF News Headlines

The only candlestick pattern worth a darn
It’s widely known that 80% of daily market action is driven by Wall Street algorithms… Now, most people think of the algorithms are “bad” When in reality, they are neither good nor bad… They are simply programmed to buy and sell certain stocks over and over again… But here is the thing… They are predictable… They typically buy the same stocks at the same levels over and over again…
See More Headlines

UTES ETF - Frequently Asked Questions

Virtus Reaves Utilities ETF's stock was trading at $44.64 at the beginning of 2024. Since then, UTES shares have increased by 47.0% and is now trading at $65.61.
View the best growth stocks for 2024 here
.

Virtus Reaves Utilities ETF's top institutional investors include Beaumont Financial Advisors LLC (8.29%) and NBC Securities Inc. (0.71%).

Shares of UTES stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Virtus Reaves Utilities ETF investors own include Genworth Financial (GNW), TETRA Technologies (TTI), Golar LNG Partners (GMLP), National CineMedia (NCMI), First Majestic Silver (AG), Aurora Cannabis (ACBFF) and InfraCap MLP ETF (AMZA).

Fund Details

Issuer
Virtus
Fund Name
Virtus Reaves Utilities ETF
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:UTES
Inception Date
9/23/2015
Fund Manager
John P. Bartlett, Joseph Jay Rhame
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Equity
Benchmark
N/A
Category
Sector
Focus
Utilities
Development Level
Developed Markets
Region
North America
Number of Holdings
19

Fund Statistics

Assets Under Management
$242.57 million
Average Daily Volume
$78,723.60
Discount/Premium
0.05%

Administrator, Advisor and Custodian

Administrator
Virtus ETF Solutions, LLC
Advisor
Virtus ETF Advisers LLC
Custodian
The Bank of New York Mellon Corporation
Distributor
ETF Distributors LLC
Transfer Agent
The Bank of New York Mellon Corporation
Trustee
N/A
Lead Market Maker
Virtu Financial

Options

Optionable
N/A
Short Interest
16,500 shs

Miscellaneous

Beta
0.48
Creation Unit
50,000
Creation Fee
$500.00
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Top 10 UTES Holdings

UTES Sector Exposure

UTES Industry Exposure


This page (NYSEARCA:UTES) was last updated on 11/17/2024 by MarketBeat.com Staff
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