VanEck Oil Services ETF (NYSEARCA:OIH) Shares Bought by BigSur Wealth Management LLC

BigSur Wealth Management LLC raised its holdings in shares of VanEck Oil Services ETF (NYSEARCA:OIH) by 18.1% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 5,878 shares of the company’s stock after purchasing an additional 900 shares during the quarter. BigSur Wealth Management LLC’s holdings in VanEck Oil Services ETF were worth $1,594,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the business. Citigroup Inc. lifted its position in VanEck Oil Services ETF by 1,946.8% during the third quarter. Citigroup Inc. now owns 288,356 shares of the company’s stock worth $81,809,000 after buying an additional 274,268 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of VanEck Oil Services ETF by 18.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,003,000 shares of the company’s stock worth $284,561,000 after acquiring an additional 154,738 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund increased its stake in shares of VanEck Oil Services ETF by 154.0% in the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 127,000 shares of the company’s stock worth $36,031,000 after acquiring an additional 77,000 shares during the last quarter. Floyd Financial Group LLC purchased a new position in shares of VanEck Oil Services ETF during the 4th quarter worth $5,925,000. Finally, Savoie Capital LLC acquired a new position in shares of VanEck Oil Services ETF during the 3rd quarter valued at about $5,617,000.

VanEck Oil Services ETF Trading Up 1.9 %

VanEck Oil Services ETF stock opened at $299.51 on Monday. The company has a 50-day moving average price of $286.30 and a 200 day moving average price of $293.06. VanEck Oil Services ETF has a 12-month low of $257.78 and a 12-month high of $353.25. The stock has a market cap of $1.87 billion, a P/E ratio of 18.96 and a beta of 0.81.

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.