Stifel Financial Corp Has $2.12 Million Stock Holdings in VanEck Oil Services ETF (NYSEARCA:OIH)

Stifel Financial Corp decreased its position in shares of VanEck Oil Services ETF (NYSEARCA:OIH) by 4.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,480 shares of the company’s stock after selling 362 shares during the period. Stifel Financial Corp’s holdings in VanEck Oil Services ETF were worth $2,122,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC increased its position in VanEck Oil Services ETF by 3.7% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 1,618 shares of the company’s stock worth $512,000 after acquiring an additional 58 shares during the period. Sumitomo Mitsui Trust Holdings Inc. bought a new position in shares of VanEck Oil Services ETF during the second quarter worth approximately $275,000. Pettinga Financial Advisors LLC raised its position in shares of VanEck Oil Services ETF by 38.6% in the second quarter. Pettinga Financial Advisors LLC now owns 880 shares of the company’s stock valued at $278,000 after buying an additional 245 shares in the last quarter. Verdence Capital Advisors LLC boosted its stake in shares of VanEck Oil Services ETF by 22.2% in the second quarter. Verdence Capital Advisors LLC now owns 1,100 shares of the company’s stock valued at $348,000 after buying an additional 200 shares during the period. Finally, Arkadios Wealth Advisors acquired a new stake in VanEck Oil Services ETF during the second quarter worth approximately $341,000.

VanEck Oil Services ETF Price Performance

VanEck Oil Services ETF stock opened at $263.91 on Friday. The stock’s fifty day moving average price is $289.00 and its two-hundred day moving average price is $297.65. The firm has a market cap of $1.65 billion, a PE ratio of 18.96 and a beta of 0.81. VanEck Oil Services ETF has a one year low of $262.18 and a one year 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.