Virtus Reaves Utilities ETF (NYSEARCA:UTES) focuses on investing primarily in the utilities sector, aiming to provide investors with exposure to essential services such as electric, gas, and water utilities. This ETF leverages the expertise of Reaves Asset Management to seek out utilities stocks that offer potential for growth and stability, aiming to generate attractive risk-adjusted returns for its shareholders. Virtus Reaves Utilities ETF is dedicated to identifying companies within the utilities sector that demonstrate strong business models and are well-positioned to benefit from the ongoing demand for essential services. Through strategic investments, the ETF strives to achieve its main objective of long-term capital appreciation, while also paying attention to current income.
Company Snapshot
Is Virtus Reaves Utilities ETF a public or private company?
Ownership
Public
How many people does Virtus Reaves Utilities ETF employ?
Employees
378
What sector is Virtus Reaves Utilities ETF in?
Sector
ETF
Where is the head office for Virtus Reaves Utilities ETF?
Head Office
New York, United States
What year was Virtus Reaves Utilities ETF founded?
Year Founded
2015
What does Virtus Reaves Utilities ETF specialise in?