VanEck Oil Services ETF (NYSEARCA:OIH) Shares Acquired by Kingswood Wealth Advisors LLC

Kingswood Wealth Advisors LLC lifted its stake in shares of VanEck Oil Services ETF (NYSEARCA:OIH) by 21.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,457 shares of the company’s stock after buying an additional 256 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in VanEck Oil Services ETF were worth $451,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. PNC Financial Services Group Inc. grew its position in shares of VanEck Oil Services ETF by 535.7% during the first quarter. PNC Financial Services Group Inc. now owns 89 shares of the company’s stock worth $25,000 after buying an additional 75 shares in the last quarter. Blair William & Co. IL boosted its holdings in VanEck Oil Services ETF by 179.5% in the first quarter. Blair William & Co. IL now owns 109 shares of the company’s stock valued at $30,000 after purchasing an additional 70 shares in the last quarter. Global Trust Asset Management LLC acquired a new position in VanEck Oil Services ETF in the third quarter valued at approximately $43,000. 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 purchasing an additional 118 shares in the last quarter. Finally, 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 purchasing an additional 77 shares in the last quarter.

VanEck Oil Services ETF Stock Up 1.4 %

Shares of OIH opened at $335.22 on Thursday. The stock has a 50 day moving average price of $304.26 and a 200 day moving average price of $316.08. The company has a market capitalization of $2.50 billion, a price-to-earnings ratio of 19.88 and a beta of 1.99. VanEck Oil Services ETF has a 52-week low of $246.04 and a 52-week high of $364.08.

VanEck Oil Services ETF 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.