Quantbot Technologies LP Increases Position in VanEck Oil Services ETF (NYSEARCA:OIH)

Quantbot Technologies LP boosted its position in VanEck Oil Services ETF (NYSEARCA:OIH) by 634.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,801 shares of the company’s stock after buying an additional 5,011 shares during the quarter. Quantbot Technologies LP owned approximately 0.09% of VanEck Oil Services ETF worth $1,646,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Comerica Bank lifted its position in shares of VanEck Oil Services ETF by 10.8% in the 1st quarter. Comerica Bank now owns 1,802 shares of the company’s stock worth $606,000 after buying an additional 176 shares during the last quarter. Lee Danner & Bass Inc. bought a new position in shares of VanEck Oil Services ETF in the 2nd quarter worth about $2,489,000. DRW Securities LLC lifted its position in shares of VanEck Oil Services ETF by 297.3% in the 2nd quarter. DRW Securities LLC now owns 4,323 shares of the company’s stock worth $1,367,000 after buying an additional 3,235 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. bought a new position in shares of VanEck Oil Services ETF in the 2nd quarter worth about $275,000. Finally, Oppenheimer & Co. Inc. lifted its position in shares of VanEck Oil Services ETF by 125.9% in the 2nd quarter. Oppenheimer & Co. Inc. now owns 6,607 shares of the company’s stock worth $2,089,000 after buying an additional 3,682 shares during the last quarter.

VanEck Oil Services ETF Stock Performance

VanEck Oil Services ETF stock opened at $303.30 on Friday. The firm’s 50-day moving average is $290.53 and its 200-day moving average is $301.06. VanEck Oil Services ETF has a 1 year low of $262.18 and a 1 year high of $353.25. The company has a market cap of $1.90 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.