Harel Insurance Investments & Financial Services Ltd. Invests $47.19 Million in VanEck Oil Services ETF (NYSEARCA:OIH)

Harel Insurance Investments & Financial Services Ltd. purchased a new stake in shares of VanEck Oil Services ETF (NYSEARCA:OIH) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 174,000 shares of the company’s stock, valued at approximately $47,194,000. Harel Insurance Investments & Financial Services Ltd. owned about 2.78% of VanEck Oil Services ETF at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in OIH. JPMorgan Chase & Co. increased its stake in shares of VanEck Oil Services ETF by 18.2% during the third quarter. JPMorgan Chase & Co. now owns 1,003,000 shares of the company’s stock worth $284,561,000 after buying an additional 154,738 shares during the period. Tidal Investments LLC purchased a new position in VanEck Oil Services ETF during the 3rd quarter worth $312,000. Mraz Amerine & Associates Inc. increased its position in VanEck Oil Services ETF by 8.2% in the 3rd quarter. Mraz Amerine & Associates Inc. now owns 6,662 shares of the company’s stock valued at $1,890,000 after acquiring an additional 505 shares during the period. Thrivent Financial for Lutherans raised its stake in shares of VanEck Oil Services ETF by 1.3% during the third quarter. Thrivent Financial for Lutherans now owns 8,213 shares of the company’s stock worth $2,330,000 after purchasing an additional 103 shares during the last quarter. Finally, Mirador Capital Partners LP lifted its stake in shares of VanEck Oil Services ETF by 1.6% in the 4th quarter. Mirador Capital Partners LP now owns 8,774 shares of the company’s stock worth $2,380,000 after acquiring an additional 139 shares during the period.

VanEck Oil Services ETF Trading Down 0.3 %

Shares of OIH opened at $290.18 on Friday. The stock’s 50 day moving average is $285.86 and its two-hundred day moving average is $292.72. VanEck Oil Services ETF has a twelve month low of $257.78 and a twelve month high of $353.25. The firm has a market capitalization of $1.81 billion, a PE ratio of 18.96 and a beta of 0.81.

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.