VanEck Oil Services ETF (NYSEARCA:OIH) Holdings Lifted by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC lifted its stake in VanEck Oil Services ETF (NYSEARCA:OIH) by 301.6% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 26,731 shares of the company’s stock after purchasing an additional 20,075 shares during the quarter. Commonwealth Equity Services LLC owned 0.43% of VanEck Oil Services ETF worth $7,250,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. SBI Securities Co. Ltd. purchased a new position in VanEck Oil Services ETF in the 4th quarter worth about $27,000. JPMorgan Chase & Co. increased its stake in VanEck Oil Services ETF by 18.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,003,000 shares of the company’s stock worth $284,561,000 after purchasing an additional 154,738 shares in the last quarter. Avantax Advisory Services Inc. increased its stake in VanEck Oil Services ETF by 26.5% in the 4th quarter. Avantax Advisory Services Inc. now owns 4,040 shares of the company’s stock worth $1,096,000 after purchasing an additional 846 shares in the last quarter. Tidal Investments LLC purchased a new position in VanEck Oil Services ETF in the 3rd quarter worth about $312,000. Finally, Thrivent Financial for Lutherans increased its stake in VanEck Oil Services ETF by 1.3% in the 3rd quarter. Thrivent Financial for Lutherans now owns 8,213 shares of the company’s stock worth $2,330,000 after purchasing an additional 103 shares in the last quarter.

VanEck Oil Services ETF Trading Up 0.3 %

Shares of OIH opened at $261.74 on Friday. The business’s 50-day moving average price is $273.72 and its 200 day moving average price is $281.18. The stock has a market capitalization of $1.23 billion, a P/E ratio of 11.70 and a beta of 1.72. VanEck Oil Services ETF has a 1-year low of $241.01 and a 1-year high of $353.25.

VanEck Oil Services ETF Profile

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.