Wells Fargo & Company MN Has $111.25 Million Stock Holdings in VanEck Oil Services ETF (NYSEARCA:OIH)

Wells Fargo & Company MN cut its holdings in VanEck Oil Services ETF (NYSEARCA:OIHFree Report) by 25.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 359,432 shares of the company’s stock after selling 119,717 shares during the quarter. Wells Fargo & Company MN’s holdings in VanEck Oil Services ETF were worth $111,251,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Ancora Advisors LLC boosted its holdings in VanEck Oil Services ETF by 655.6% in the third quarter. Ancora Advisors LLC now owns 136 shares of the company’s stock valued at $47,000 after acquiring an additional 118 shares during the last quarter. Larson Financial Group LLC boosted its holdings in VanEck Oil Services ETF by 118.5% in the third quarter. Larson Financial Group LLC now owns 142 shares of the company’s stock valued at $49,000 after acquiring an additional 77 shares during the last quarter. ORG Partners LLC bought a new position in VanEck Oil Services ETF in the third quarter valued at about $104,000. Pacific Capital Wealth Advisors Inc. bought a new position in VanEck Oil Services ETF in the fourth quarter valued at about $110,000. Finally, Northwest Financial Advisors bought a new position in VanEck Oil Services ETF in the fourth quarter valued at about $138,000.

VanEck Oil Services ETF Stock Down 3.6 %

VanEck Oil Services ETF stock opened at $317.13 on Thursday. The business’s 50-day simple moving average is $328.70 and its 200 day simple moving average is $312.32. The stock has a market cap of $1.98 billion, a price-to-earnings ratio of 18.96 and a beta of 0.81. VanEck Oil Services ETF has a 12-month low of $246.04 and a 12-month high of $364.08.

About VanEck Oil Services ETF

(Free Report)

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.

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Institutional Ownership by Quarter for VanEck Oil Services ETF (NYSEARCA:OIH)

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