Harbor Investment Advisory LLC Cuts Stock Position in VanEck Oil Services ETF (NYSEARCA:OIH)

Harbor Investment Advisory LLC cut its holdings in VanEck Oil Services ETF (NYSEARCA:OIH) by 38.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 220 shares of the company’s stock after selling 140 shares during the quarter. Harbor Investment Advisory LLC’s holdings in VanEck Oil Services ETF were worth $60,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of OIH. First Personal Financial Services bought a new stake in VanEck Oil Services ETF in the third quarter worth $29,000. NBC Securities Inc. lifted its position in VanEck Oil Services ETF by 100.0% in the third quarter. NBC Securities Inc. now owns 150 shares of the company’s stock worth $42,000 after buying an additional 75 shares during the last quarter. SilverOak Wealth Management LLC lifted its position in VanEck Oil Services ETF by 9.7% in the third quarter. SilverOak Wealth Management LLC now owns 738 shares of the company’s stock worth $209,000 after buying an additional 65 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in VanEck Oil Services ETF in the second quarter worth $223,000. Finally, National Wealth Management Group LLC lifted its position in VanEck Oil Services ETF by 8.1% in the third quarter. National Wealth Management Group LLC now owns 857 shares of the company’s stock worth $243,000 after buying an additional 64 shares during the last quarter.

VanEck Oil Services ETF Stock Down 2.9 %

Shares of OIH opened at $290.99 on Thursday. The company has a market cap of $1.82 billion, a PE ratio of 18.96 and a beta of 0.81. The business has a fifty day moving average of $286.15 and a 200 day moving average of $292.88. VanEck Oil Services ETF has a 52-week low of $257.78 and a 52-week high of $353.25.

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.