Titleist Asset Management LLC Acquires New Holdings in VanEck Oil Services ETF (NYSEARCA:OIH)

Titleist Asset Management LLC bought a new position in shares of VanEck Oil Services ETF (NYSEARCA:OIH) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 7,564 shares of the company’s stock, valued at approximately $2,052,000. Titleist Asset Management LLC owned about 0.12% of VanEck Oil Services ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. SBI Securities Co. Ltd. bought a new stake in shares of VanEck Oil Services ETF in the fourth quarter worth $27,000. JPMorgan Chase & Co. grew its position in shares of VanEck Oil Services ETF by 18.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,003,000 shares of the company’s stock valued at $284,561,000 after buying an additional 154,738 shares during the last quarter. Avantax Advisory Services Inc. grew its position in shares of VanEck Oil Services ETF by 26.5% in the 4th quarter. Avantax Advisory Services Inc. now owns 4,040 shares of the company’s stock valued at $1,096,000 after buying an additional 846 shares during the last quarter. Tidal Investments LLC acquired a new stake in shares of VanEck Oil Services ETF in the third quarter valued at about $312,000. Finally, Envestnet Portfolio Solutions Inc. raised its position in shares of VanEck Oil Services ETF by 18.1% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 866 shares of the company’s stock worth $235,000 after acquiring an additional 133 shares during the last quarter.

VanEck Oil Services ETF Price Performance

Shares of OIH stock opened at $207.77 on Friday. The stock has a market capitalization of $986.91 million, a PE ratio of 12.26 and a beta of 1.35. The business’s 50 day simple moving average is $265.95 and its 200 day simple moving average is $279.54. VanEck Oil Services ETF has a one year low of $204.54 and a one year 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.