1,100 Shares in VanEck Oil Services ETF (NYSEARCA:OIH) Acquired by Tidal Investments LLC

Tidal Investments LLC acquired a new position in shares of VanEck Oil Services ETF (NYSEARCA:OIH) in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 1,100 shares of the company’s stock, valued at approximately $312,000.

Other hedge funds also recently added to or reduced their stakes in the company. Nations Financial Group Inc. IA ADV grew its holdings in VanEck Oil Services ETF by 3.8% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 1,636 shares of the company’s stock worth $464,000 after buying an additional 60 shares in the last quarter. National Wealth Management Group LLC boosted its position in VanEck Oil Services ETF by 8.1% during the 3rd quarter. National Wealth Management Group LLC now owns 857 shares of the company’s stock worth $243,000 after acquiring an additional 64 shares during the period. SilverOak Wealth Management LLC grew its stake in shares of 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 purchasing an additional 65 shares in the last quarter. Pettinga Financial Advisors LLC grew its stake in shares of VanEck Oil Services ETF by 8.0% in the third quarter. Pettinga Financial Advisors LLC now owns 950 shares of the company’s stock worth $270,000 after purchasing an additional 70 shares in the last quarter. Finally, Anson Capital Inc. increased its holdings in shares of VanEck Oil Services ETF by 2.2% during the third quarter. Anson Capital Inc. now owns 3,372 shares of the company’s stock valued at $957,000 after purchasing an additional 71 shares during the period.

VanEck Oil Services ETF Stock Up 1.0 %

OIH stock opened at $263.64 on Wednesday. The company has a 50-day simple moving average of $287.67 and a 200 day simple moving average of $297.06. The company has a market capitalization of $1.65 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.

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.