Recently, Morgan Stanley has upgraded the utilities sector to Outperform, arguing that stock prices aren’t keeping pace with earnings growth so far in 2018, which suggests the market participants may be subtly pricing in slowing earnings growth down the line.
Over three-quarters of PUI’s holdings are considered value stocks and none of the ETF’s holdings command more than 4.12% of its weight.
PUI charges 0.60% per year, or $60 on a $10,000 investment.
For more information on the utilities sector, visit our utilities category.