Bourgeon Capital Management LLC Purchases 83 Shares of VanEck Oil Services ETF (NYSEARCA:OIH)

Bourgeon Capital Management LLC boosted its position in shares of VanEck Oil Services ETF (NYSEARCA:OIH) by 4.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,957 shares of the company’s stock after purchasing an additional 83 shares during the quarter. Bourgeon Capital Management LLC’s holdings in VanEck Oil Services ETF were worth $531,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. increased its stake in VanEck Oil Services ETF by 18.2% in the third quarter. JPMorgan Chase & Co. now owns 1,003,000 shares of the company’s stock valued at $284,561,000 after purchasing an additional 154,738 shares in the last quarter. Citigroup Inc. lifted its holdings in VanEck Oil Services ETF by 1,946.8% during the third quarter. Citigroup Inc. now owns 288,356 shares of the company’s stock worth $81,809,000 after acquiring an additional 274,268 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund grew its stake in VanEck Oil Services ETF by 154.0% in the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 127,000 shares of the company’s stock valued at $36,031,000 after acquiring an additional 77,000 shares during the period. Main Management ETF Advisors LLC increased its holdings in shares of VanEck Oil Services ETF by 2.6% in the second quarter. Main Management ETF Advisors LLC now owns 50,775 shares of the company’s stock worth $16,054,000 after acquiring an additional 1,275 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. lifted its holdings in shares of VanEck Oil Services ETF by 1.6% during the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 34,428 shares of the company’s stock valued at $10,885,000 after purchasing an additional 549 shares in the last quarter.

VanEck Oil Services ETF Stock Performance

Shares of OIH opened at $299.62 on Wednesday. The firm’s 50 day moving average price is $286.20 and its two-hundred day moving average price is $292.95. VanEck Oil Services ETF has a twelve month low of $257.78 and a twelve month high of $353.25. The firm has a market cap of $1.87 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.