In trading on Tuesday, shares of the Virtus Reaves Utilities ETF (Symbol: UTES) crossed below their 200 day moving average of $80.94, changing hands as low as $80.01 per share. Virtus Reaves Utilities shares are currently trading off about 2% on the day. The chart below shows the one year performance of UTES shares, versus its 200 day moving average:
Looking at the chart above, UTES’s low point in its 52 week range is $63 per share, with $88.429 as the 52 week high point — that compares with a last trade of $80.29.
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