KRS Capital Management LLC Has $368,000 Position in VanEck Oil Services ETF (NYSEARCA:OIH)

KRS Capital Management LLC increased its stake in VanEck Oil Services ETF (NYSEARCA:OIH) by 31.1% in the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 1,095 shares of the company’s stock after purchasing an additional 260 shares during the quarter. KRS Capital Management LLC’s holdings in VanEck Oil Services ETF were worth $368,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. PNC Financial Services Group Inc. lifted its holdings in shares of VanEck Oil Services ETF by 566.3% during the third quarter. PNC Financial Services Group Inc. now owns 593 shares of the company’s stock worth $205,000 after buying an additional 504 shares during the last quarter. Envestnet Portfolio Solutions Inc. acquired a new position in shares of VanEck Oil Services ETF during the third quarter worth approximately $307,000. Stifel Financial Corp lifted its holdings in shares of VanEck Oil Services ETF by 1.2% during the third quarter. Stifel Financial Corp now owns 12,754 shares of the company’s stock worth $4,401,000 after buying an additional 154 shares during the last quarter. Mutual Advisors LLC acquired a new position in shares of VanEck Oil Services ETF during the third quarter worth approximately $1,147,000. Finally, Tower Research Capital LLC TRC lifted its holdings in shares of VanEck Oil Services ETF by 29.9% during the third quarter. Tower Research Capital LLC TRC now owns 17,170 shares of the company’s stock worth $5,924,000 after buying an additional 3,955 shares during the last quarter.

VanEck Oil Services ETF Stock Up 0.9 %

Shares of OIH stock traded up $2.92 during trading hours on Friday, reaching $316.18. 908,334 shares of the company’s stock were exchanged, compared to its average volume of 393,599. VanEck Oil Services ETF has a fifty-two week low of $278.00 and a fifty-two week high of $364.08. The stock has a market capitalization of $1.98 billion, a P/E ratio of 18.96 and a beta of 0.81. The business has a fifty day moving average price of $314.79 and a 200-day moving average price of $311.59.

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.