Virtus Reaves Utilities ETF logo

Virtus Reaves Utilities ETF (UTES)

Market Closed
25 Jul, 20:00
ARCA ARCA
$
79. 39
+0.19
+0.24%
$
573.08M Market Cap
1.04% Div Yield
128,315 Volume
$ 79.2
Previous Close
Day Range
79.08 79.52
Year Range
51.96 80.91
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Summary

UTES closed Friday higher at $79.39, an increase of 0.24% from Thursday's close, completing a monthly increase of or $79.39. Over the past 12 months, UTES stock gained .
UTES pays dividends to its shareholders, with the most recent payment made on Jun 27, 2025.
The stock of the company had never split.
The company's stock is traded on 1 different exchanges and in various currencies, with the primary listing on ARCA (USD).

UTES Chart

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The chart has 1 X axis displaying categories.
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UTES: A Concentrated, Actively Managed Utility ETF Evolving Into A Growth Fund

UTES: A Concentrated, Actively Managed Utility ETF Evolving Into A Growth Fund

UTES stands out as an actively managed utility ETF, outperforming peers by capitalizing on AI-driven electricity demand and focusing on independent power producers. The concentrated portfolio, led by skilled Reaves managers, has evolved into a growth-oriented utility ETF, but current valuations appear stretched after a recent rally. With a modest 1.6% yield, UTES isn't ideal for income investors; the Reaves Utility Income Fund (UTG) offers a 6.75% yield and similar management.

Seekingalpha | 1 month ago
The Recent Pullback Gives A Nice Entry Point For Investors In UTES

The Recent Pullback Gives A Nice Entry Point For Investors In UTES

Virtus Reaves Utilities ETF is a buy after its recent 6% pullback. UTES is actively managed, outperforming other utility ETFs, with a 45.31% price appreciation in 2024 and a five-star Morningstar rating. The fund's top holdings are less concentrated than before, with new investments like CenterPoint Energy showing strong growth potential and favorable regulatory support.

Seekingalpha | 3 months ago
UTES: This Could Change Everything (Downgrade)

UTES: This Could Change Everything (Downgrade)

AI-driven energy demands have boosted utility stocks, but DeepSeek's efficient AI approach questions future growth projections, impacting the Virtus Reaves Utilities ETF (UTES). UTES saw significant gains in 2024, led by top holdings like Constellation Energy and Vistra, but current high valuations may not be sustainable if projections change. Environmental and regulatory challenges complicate utility expansions, making it difficult for UTES to find alternative growth opportunities within its top holdings.

Seekingalpha | 5 months ago

Virtus Reaves Utilities ETF Dividends

Virtus Reaves Utilities ETF logo
UTES In 1 month
Estimated
Other
$0.24 Per Share
Virtus Reaves Utilities ETF logo
UTES 1 month ago
Paid
Other
$0.24 Per Share
Virtus Reaves Utilities ETF logo
UTES 4 months ago
Paid
Quarterly
$0.26 Per Share
Virtus Reaves Utilities ETF logo
UTES 7 months ago
Paid
Quarterly
$0.27 Per Share
Virtus Reaves Utilities ETF logo
UTES 10 months ago
Paid
Quarterly
$0.17 Per Share
Virtus Reaves Utilities ETF logo
UTES 20 Jun 2024
Paid
Quarterly
$0.26 Per Share

Virtus Reaves Utilities ETF Earnings

UTES have yet to publish their earning reports.
Virtus Reaves Utilities ETF logo
UTES In 1 month
Estimated
Other
$0.24 Per Share
Virtus Reaves Utilities ETF logo
UTES 1 month ago
Paid
Other
$0.24 Per Share
Virtus Reaves Utilities ETF logo
UTES 4 months ago
Paid
Quarterly
$0.26 Per Share
Virtus Reaves Utilities ETF logo
UTES 7 months ago
Paid
Quarterly
$0.27 Per Share
Virtus Reaves Utilities ETF logo
UTES 10 months ago
Paid
Quarterly
$0.17 Per Share
Virtus Reaves Utilities ETF logo
UTES 20 Jun 2024
Paid
Quarterly
$0.26 Per Share
UTES have yet to publish their earning reports.

Virtus Reaves Utilities ETF (UTES) FAQ

What is the stock price today?

The current price is $79.39.

On which exchange is it traded?

Virtus Reaves Utilities ETF is listed on ARCA.

What is its stock symbol?

The ticker symbol is UTES.

Does it pay dividends? What is the current yield?

Yes, It pays dividends and the current yield is 1.04%.

What is its market cap?

As of today, the market cap is 573.08M.

Has Virtus Reaves Utilities ETF ever had a stock split?

No, there has never been a stock split.

Virtus Reaves Utilities ETF Profile

ARCA Exchange
US Country

Overview

The fund focuses on investing primarily in the equity securities of companies operating within the Utility Sector. It earmarks at least 80% of its net assets, along with any borrowed funds intended for investment purposes, to these utility companies. The fund's investment strategy is centered around entities involved in the generation, distribution, or provision of electricity, gas, or water. These companies are characterized by their substantial engagement, either through customer base or asset dedication, in the utilities sphere. It seeks opportunities in businesses where at least half of the assets or client base is devoted to utility services or at least half of the revenue, gross income, or profits stem from utility operations. This fund is non-diversified, implying a concentrated investment approach within the utility sector rather than spreading investments across various sectors.

Products and Services

  • Equity Securities of Utility Sector Companies
  • This product consists of investments in shares or stock options of companies engaged in the utility sector. The focus is on entities that either supply utility services or produce equipment essential for the provision, generation, and distribution of electricity, gas, and water. The fund targets companies showing a substantial portion (at least 50%) of their operations or financials rooted in utilities, aligning with the fund’s core investment thesis.

  • Borrowing for Investment Purposes
  • The fund has the capability to borrow additional funds with the intent to invest in its focused sector. This strategy aims to leverage potential opportunities within the utility sector by increasing the capital available for investment. However, it's worth noting that borrowing for investment purposes also introduces a higher level of risk due to the potential for increased losses that may exceed the borrowed amount.

Contact Information

Address: -
Phone: NA