Virtus Reaves Utilities ETF (UTES)

Virtus Reaves Utilities ETF (UTES) is an exchange-traded fund in the Utilities category. It has $1.22B in assets, an expense ratio of 0.49% and a 1.59% dividend yield. The fund invests not less than 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities of companies in the Utility Sector ("Utility Sector Companies"). The manager considers a company to be a "Utility Sector Company" if at least 50% of the company's assets or customers are committed to, or at least 50% of the company's revenues, gross income or profits derive from, the provision of products, services or equipment for the generation or distribution…