DRW Securities LLC decreased its holdings in shares of VanEck Oil Services ETF (NYSEARCA:OIH – Free Report) by 71.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,239 shares of the company’s stock after selling 3,084 shares during the quarter. DRW Securities LLC’s holdings in VanEck Oil Services ETF were worth $352,000 at the end of the most recent quarter.
Other institutional investors also recently modified their holdings of the company. First Personal Financial Services purchased a new stake in VanEck Oil Services ETF during the third quarter valued at about $29,000. NBC Securities Inc. boosted its holdings in shares of VanEck Oil Services ETF by 100.0% in the 3rd quarter. NBC Securities Inc. now owns 150 shares of the company’s stock worth $42,000 after purchasing an additional 75 shares in the last quarter. International Assets Investment Management LLC bought a new position in shares of VanEck Oil Services ETF during the 2nd quarter valued at about $57,000. Riverview Trust Co purchased a new position in shares of VanEck Oil Services ETF during the 2nd quarter valued at about $62,000. Finally, SilverOak Wealth Management LLC raised its holdings in shares of VanEck Oil Services ETF by 9.7% during the 3rd quarter. SilverOak Wealth Management LLC now owns 738 shares of the company’s stock valued at $209,000 after buying an additional 65 shares in the last quarter.
VanEck Oil Services ETF Price Performance
Shares of OIH opened at $300.33 on Wednesday. VanEck Oil Services ETF has a 1 year low of $262.18 and a 1 year high of $353.25. The stock has a 50 day simple moving average of $289.72 and a two-hundred day simple moving average of $301.20. The firm has a market cap of $1.88 billion, a P/E 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.
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