Notable companies
The most notable companies in this group are Nextera Energy Inc (NYSE:NEE), Southern Company (The) (NYSE:SO), PG&E Corp (NYSE:PCG).
Industry description
The investment seeks to provide total return through a combination of capital appreciation and income.
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 of electricity, gas or water. The fund is non-diversified.
Market Cap
The average market capitalization across the Virtus Reaves Utilities ETF ETF is 32.52B. The market cap for tickers in the group ranges from 4.66B to 131.17B. NEE holds the highest valuation in this group at 131.17B. The lowest valued company is IDA at 4.66B.
High and low price notable news
The average weekly price growth across all stocks in the Virtus Reaves Utilities ETF ETF was 14%. For the same ETF, the average monthly price growth was 28%, and the average quarterly price growth was 59%. VST experienced the highest price growth at 20%, while PCG experienced the biggest fall at 1%.
Volume
The average weekly volume growth across all stocks in the Virtus Reaves Utilities ETF ETF was 24%. For the same stocks of the ETF, the average monthly volume growth was 44% and the average quarterly volume growth was 34%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 65
P/E Growth Rating: 47
Price Growth Rating: 31
SMR Rating: 62
Profit Risk Rating: 35
Seasonality Score: 37 (-100 ... +100)