Utilities ETFs gain momentum from rising data center power demands, spotlighting Invesco's PUI fund.

The utilities sector is gaining renewed interest due to the growing power demands of data centers, which is benefiting certain utilities-focused ETFs like the Invesco Dorsey Wright Utilities Momentum ETF (PUI). Unlike traditional sector funds, PUI selects stocks based on momentum and includes utilities companies positioned to profit from data center growth, such as DTE Energy, Evergy, and Alliant Energy. These companies are investing billions in infrastructure to support expanding data center needs, which could drive earnings growth and investor returns over the next several years. This trend highlights a shift in the utilities sector from a stable income play to a growth opportunity linked to technology infrastructure.