Industry Expert Releases The First Actively Managed Utilities ETF
September 24, 2015 at 17:18 PM EDT
Reaves Asset Management is testing the exchange traded fund waters after launching the first actively managed ETF to cover the utilities sector. According to a press release, the Reaves Utilities ETF (NasdaqGM: UTES) will invest in utilities without regard to market cap or dividend yield but seeks...