VanEck Oil Services ETF (NYSEARCA:OIH) Holdings Trimmed by Integrated Wealth Concepts LLC

Integrated Wealth Concepts LLC trimmed its position in shares of VanEck Oil Services ETF (NYSEARCA:OIH) by 1.4% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 5,314 shares of the company’s stock after selling 75 shares during the period. Integrated Wealth Concepts LLC’s holdings in VanEck Oil Services ETF were worth $1,508,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in OIH. Comerica Bank grew its position in VanEck Oil Services ETF by 10.8% during the 1st quarter. Comerica Bank now owns 1,802 shares of the company’s stock worth $606,000 after purchasing an additional 176 shares in the last quarter. Simplicity Wealth LLC grew its holdings in shares of VanEck Oil Services ETF by 14.3% during the 2nd quarter. Simplicity Wealth LLC now owns 1,300 shares of the company’s stock valued at $411,000 after acquiring an additional 163 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of VanEck Oil Services ETF by 3.7% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 1,618 shares of the company’s stock valued at $512,000 after acquiring an additional 58 shares in the last quarter. Riverview Trust Co purchased a new position in shares of VanEck Oil Services ETF during the 2nd quarter valued at $62,000. Finally, KRS Capital Management LLC grew its holdings in shares of VanEck Oil Services ETF by 6.4% during the 2nd quarter. KRS Capital Management LLC now owns 1,165 shares of the company’s stock valued at $368,000 after acquiring an additional 70 shares in the last quarter.

VanEck Oil Services ETF Stock Down 3.8 %

VanEck Oil Services ETF stock opened at $284.08 on Friday. The company’s fifty day simple moving average is $291.55 and its 200-day simple moving average is $299.81. VanEck Oil Services ETF has a 12 month low of $262.18 and a 12 month high of $353.25. The stock has a market cap of $1.78 billion, a P/E ratio of 18.96 and a beta of 0.81.

About VanEck Oil Services ETF

The VanEck Oil Services ETF (OIH) is an exchange-traded fund that is based on the MVIS US Listed Oil Services 25 index, a market-cap-weighted index of 25 of the largest US-listed, publicly traded oil services companies. OIH was launched on Feb 7, 2001 and is managed by VanEck.