Private Advisor Group LLC Increases Holdings in VanEck Oil Services ETF (NYSEARCA:OIH)

Private Advisor Group LLC boosted its position in shares of VanEck Oil Services ETF (NYSEARCA:OIH) by 24.5% during the 4th quarter, HoldingsChannel reports. The firm owned 7,995 shares of the company’s stock after buying an additional 1,572 shares during the period. Private Advisor Group LLC’s holdings in VanEck Oil Services ETF were worth $2,168,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Global Retirement Partners LLC raised its holdings in VanEck Oil Services ETF by 3.7% in the fourth quarter. Global Retirement Partners LLC now owns 1,587 shares of the company’s stock worth $430,000 after purchasing an additional 56 shares in the last quarter. Mraz Amerine & Associates Inc. boosted its stake in VanEck Oil Services ETF by 13.4% in the fourth quarter. Mraz Amerine & Associates Inc. now owns 7,557 shares of the company’s stock valued at $2,050,000 after acquiring an additional 895 shares in the last quarter. Golden State Wealth Management LLC purchased a new stake in shares of VanEck Oil Services ETF during the 4th quarter valued at $153,000. Live Oak Private Wealth LLC purchased a new position in VanEck Oil Services ETF during the 4th quarter worth $1,359,000. Finally, Custom Index Systems LLC acquired a new position in VanEck Oil Services ETF during the 4th quarter valued at about $433,000.

VanEck Oil Services ETF Stock Performance

VanEck Oil Services ETF stock opened at $267.01 on Wednesday. VanEck Oil Services ETF has a one year low of $257.78 and a one year high of $353.25. The stock has a market cap of $1.67 billion, a PE ratio of 18.96 and a beta of 0.81. The stock has a 50-day moving average of $279.30 and a two-hundred day moving average of $286.46.

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.