SG Americas Securities LLC lowered its position in VanEck Oil Services ETF (NYSEARCA:OIH – Free Report) by 77.9% during the fourth quarter, Holdings Channel reports. The firm owned 1,809 shares of the company’s stock after selling 6,391 shares during the period. SG Americas Securities LLC’s holdings in VanEck Oil Services ETF were worth $491,000 at the end of the most recent quarter.
Other institutional investors also recently modified their holdings of the company. First Personal Financial Services bought a new stake in VanEck Oil Services ETF in the third quarter worth approximately $29,000. NBC Securities Inc. increased its stake in VanEck Oil Services ETF by 100.0% in the third quarter. NBC Securities Inc. now owns 150 shares of the company’s stock valued at $42,000 after purchasing an additional 75 shares in the last quarter. SilverOak Wealth Management LLC raised its holdings in shares of VanEck Oil Services ETF by 9.7% during the third quarter. SilverOak Wealth Management LLC now owns 738 shares of the company’s stock valued at $209,000 after purchasing an additional 65 shares during the period. Sanctuary Advisors LLC bought a new position in shares of VanEck Oil Services ETF during the 2nd quarter worth about $223,000. Finally, National Wealth Management Group LLC grew its stake in shares of VanEck Oil Services ETF by 8.1% in the 3rd quarter. National Wealth Management Group LLC now owns 857 shares of the company’s stock valued at $243,000 after buying an additional 64 shares during the period.
VanEck Oil Services ETF Stock Performance
OIH stock opened at $276.96 on Friday. The stock’s 50 day simple moving average is $283.89 and its 200 day simple moving average is $291.20. The company has a market cap of $1.73 billion, a P/E ratio of 18.96 and a beta of 0.81. VanEck Oil Services ETF has a fifty-two week low of $257.78 and a fifty-two week high of $353.25.
VanEck Oil Services ETF Company 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.
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