EverSource Wealth Advisors LLC Increases Stake in VanEck Oil Services ETF (NYSEARCA:OIH)

EverSource Wealth Advisors LLC increased its stake in VanEck Oil Services ETF (NYSEARCA:OIH) by 64.5% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 102 shares of the company’s stock after purchasing an additional 40 shares during the period. EverSource Wealth Advisors LLC’s holdings in VanEck Oil Services ETF were worth $28,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of OIH. Global Retirement Partners LLC lifted its stake in shares of VanEck Oil Services ETF by 3.7% during the fourth quarter. Global Retirement Partners LLC now owns 1,587 shares of the company’s stock worth $430,000 after buying an additional 56 shares during the period. National Wealth Management Group LLC grew its stake in VanEck Oil Services ETF by 8.1% during the 3rd quarter. National Wealth Management Group LLC now owns 857 shares of the company’s stock valued at $243,000 after purchasing an additional 64 shares during the last quarter. Bourgeon Capital Management LLC increased its holdings in shares of VanEck Oil Services ETF by 4.4% in the fourth quarter. Bourgeon Capital Management LLC now owns 1,957 shares of the company’s stock valued at $531,000 after purchasing an additional 83 shares during the period. SBI Securities Co. Ltd. purchased a new position in shares of VanEck Oil Services ETF in the fourth quarter worth about $27,000. Finally, Thrivent Financial for Lutherans lifted its holdings 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 period.

VanEck Oil Services ETF Stock Up 0.3 %

Shares of NYSEARCA OIH opened at $261.74 on Friday. VanEck Oil Services ETF has a 52 week low of $241.01 and a 52 week high of $353.25. The business’s 50 day moving average price is $273.72 and its 200 day moving average price is $281.18. The firm has a market cap of $1.23 billion, a P/E ratio of 11.70 and a beta of 1.72.

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.