VanEck Oil Services ETF (NYSEARCA:OIH) Shares Sold by Cambridge Investment Research Advisors Inc.

Cambridge Investment Research Advisors Inc. reduced its stake in shares of VanEck Oil Services ETF (NYSEARCA:OIH) by 8.0% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,605 shares of the company’s stock after selling 314 shares during the period. Cambridge Investment Research Advisors Inc. owned 0.06% of VanEck Oil Services ETF worth $1,140,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Gendell Jeffrey L grew its holdings in shares of VanEck Oil Services ETF by 15.7% during the 1st quarter. Gendell Jeffrey L now owns 322,103 shares of the company’s stock valued at $108,333,000 after acquiring an additional 43,603 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its stake in shares of VanEck Oil Services ETF by 6.9% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 160,512 shares of the company’s stock valued at $53,986,000 after purchasing an additional 10,358 shares during the last quarter. Jane Street Group LLC lifted its stake in shares of VanEck Oil Services ETF by 1,219.9% in the 1st quarter. Jane Street Group LLC now owns 131,307 shares of the company’s stock valued at $44,162,000 after purchasing an additional 121,359 shares during the last quarter. Cetera Investment Advisers lifted its stake in shares of VanEck Oil Services ETF by 13,939.1% in the 1st quarter. Cetera Investment Advisers now owns 107,680 shares of the company’s stock valued at $36,216,000 after purchasing an additional 106,913 shares during the last quarter. Finally, Cetera Advisor Networks LLC lifted its stake in shares of VanEck Oil Services ETF by 5.2% in the 1st quarter. Cetera Advisor Networks LLC now owns 92,052 shares of the company’s stock valued at $30,960,000 after purchasing an additional 4,583 shares during the last quarter.

VanEck Oil Services ETF Trading Down 0.5 %

OIH stock opened at $279.76 on Friday. VanEck Oil Services ETF has a 1 year low of $278.63 and a 1 year high of $364.08. The company has a fifty day simple moving average of $309.47 and a 200 day simple moving average of $315.24. The firm has a market cap of $1.75 billion, a PE ratio of 18.96 and a beta of 0.81.

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.