Nomura Asset Management Co. Ltd. Takes Position in VanEck Oil Services ETF (NYSEARCA:OIH)

Nomura Asset Management Co. Ltd. acquired a new position in shares of VanEck Oil Services ETF (NYSEARCA:OIH) in the 4th quarter, HoldingsChannel reports. The firm acquired 2,200 shares of the company’s stock, valued at approximately $597,000.

A number of other institutional investors also recently bought and sold shares of OIH. SBI Securities Co. Ltd. acquired a new stake in VanEck Oil Services ETF during the fourth quarter worth $27,000. EverSource Wealth Advisors LLC grew its holdings in shares of VanEck Oil Services ETF by 64.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 102 shares of the company’s stock worth $28,000 after purchasing an additional 40 shares during the period. Farther Finance Advisors LLC increased its position in shares of VanEck Oil Services ETF by 64.6% during the 4th quarter. Farther Finance Advisors LLC now owns 130 shares of the company’s stock worth $35,000 after purchasing an additional 51 shares during the last quarter. Runnymede Capital Advisors Inc. purchased a new stake in VanEck Oil Services ETF in the 4th quarter valued at about $62,000. Finally, Golden State Wealth Management LLC acquired a new position in VanEck Oil Services ETF in the fourth quarter valued at about $153,000.

VanEck Oil Services ETF Price Performance

Shares of OIH stock opened at $236.83 on Friday. VanEck Oil Services ETF has a 1-year low of $235.75 and a 1-year high of $353.25. The firm has a market cap of $1.12 billion, a PE ratio of 12.26 and a beta of 1.35. The company has a 50-day moving average of $267.59 and a two-hundred day moving average of $280.07.

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.