2-Jul-2026
No press releases found.
Largest U.S. power grid orders emergency curbs to avoid blackouts
Seeking Alpha News (Fri, 3-Jul 10:45 PM ET)
U.S. issues emergency order for largest power grid as record heat nears
Seeking Alpha News (Tue, 30-Jun 8:35 PM ET)
AI power demand: Utilities cashing in on data center expansion
Seeking Alpha News (Mon, 29-Jun 2:24 PM ET)
The Virtus Reaves Utilities ETF (NASDAQ: UTES) seeks to provide total return through a combination of capital appreciation and income, primarily through investments in equity securities of companies in the utility sector. UTES is an actively-managed ETF. The portfolio management team relies on both qualitative processes (management interviews, field research, macro factor analysis) and quantitative processes (modeling, valuation, technicals) to inform investment decisions.
Virtus Reaves Utilities ETF trades on the ARCA stock market under the symbol UTES.
As of July 2, 2026, UTES stock price climbed to $81.04 with 98,020 million shares trading.
UTES has a beta of 0.14, meaning it tends to be less sensitive to market movements. UTES has a correlation of 0.01 to the broad based SPY ETF.
UTES has a market cap of $1.39 billion. This is considered a Small Cap stock.
In the last 3 years, UTES traded as high as $88.43 and as low as $38.82.
UTES has underperformed the market in the last year with a price return of +11.2% while the SPY ETF gained +21.3%. UTES has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +0.5% and -0.8%, respectively, while the SPY returned +13.9% and -0.3%, respectively.
UTES support price is $78.87 and resistance is $80.95 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that UTES shares will trade within this expected range on the day.