Virtus Reaves Utilities ETF
UTES
4 hedge funds and large institutions have $913K invested in Virtus Reaves Utilities ETF in 2019 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 2 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
3.59% less ownership
Funds ownership: 9.69% → 6.11% (-3.6%)
30% less capital invested
Capital invested by funds: $1.3M → $913K (-$385K)
33% less funds holding
Funds holding: 6 → 4 (-2)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| 1 |
CFGS
Concourse Financial Group Securities
Birmingham,
Alabama
|
+$5.04K |
Top Sellers
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$470K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$42K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Royal Bank of Canada
Toronto,
Ontario, Canada
| $840K | -$470K | -13,226 | -37% |
|
|
CFGS
2
Concourse Financial Group Securities
Birmingham,
Alabama
| $31K | +$5.04K | +142 | +20% |
|
|
GWM
3
Geneos Wealth Management
Englewood,
Colorado
| $24K | – | – | – |
|
|
LTFS
4
Ladenburg Thalmann Financial Services
Miami,
Florida
| $18K | – | – | – |
|
|
5
UBS Group
Zurich,
Switzerland
| – | -$42K | -1,264 | Closed |
|
UTES Hedge Fund Activity: Q1 2019 in Review
4 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Virtus Reaves Utilities ETF (UTES) for Q1 2019, worth a combined $913K — down 30% from $1.3M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of UTES and 0 opened new positions — a net loss of 2 holders — while 1 trimmed existing stakes and 1 added.
The largest buyer was Concourse Financial Group Securities, adding an estimated $5.04K. The largest seller was Royal Bank of Canada, cutting an estimated $470K.
- 4 institutional investors held Virtus Reaves Utilities ETF (UTES) as of Q1 2019, down from 6 in Q4 2018.
- Funds reported $913K of Virtus Reaves Utilities ETF stock for Q1 2019, down 30% quarter-over-quarter.
- 0 funds opened new Virtus Reaves Utilities ETF positions in Q1 2019 and 2 closed out, a net change of -2 holders.
- The largest Virtus Reaves Utilities ETF buyer in Q1 2019 was Concourse Financial Group Securities, an estimated $5.04K added.
- The largest Virtus Reaves Utilities ETF seller in Q1 2019 was Royal Bank of Canada, an estimated $470K sold.
Based on aggregated 13F filings for Q1 2019.