National Wealth Management Group LLC increased its holdings in VanEck Oil Services ETF (NYSEARCA:OIH – Free Report) by 8.1% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 857 shares of the company’s stock after purchasing an additional 64 shares during the quarter. National Wealth Management Group LLC’s holdings in VanEck Oil Services ETF were worth $243,000 as of its most recent SEC filing.
Other hedge funds also recently bought and sold shares of the company. Healthcare of Ontario Pension Plan Trust Fund raised its position 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 in the last quarter. Quantbot Technologies LP raised its holdings in VanEck Oil Services ETF by 634.3% in the third quarter. Quantbot Technologies LP now owns 5,801 shares of the company’s stock worth $1,646,000 after purchasing an additional 5,011 shares in the last quarter. Citigroup Inc. lifted its position in shares of VanEck Oil Services ETF by 1,946.8% during the third quarter. Citigroup Inc. now owns 288,356 shares of the company’s stock valued at $81,809,000 after buying an additional 274,268 shares during the last quarter. Thrivent Financial for Lutherans boosted its holdings in shares of VanEck Oil Services ETF by 1.3% in the 3rd quarter. Thrivent Financial for Lutherans now owns 8,213 shares of the company’s stock valued at $2,330,000 after buying an additional 103 shares in the last quarter. Finally, Oppenheimer & Co. Inc. grew its position in shares of VanEck Oil Services ETF by 63.7% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 10,814 shares of the company’s stock worth $3,068,000 after buying an additional 4,207 shares during the last quarter.
VanEck Oil Services ETF Stock Up 0.3 %
NYSEARCA:OIH opened at $301.24 on Thursday. The stock has a market capitalization of $1.88 billion, a price-to-earnings ratio of 18.96 and a beta of 0.81. VanEck Oil Services ETF has a 52 week low of $262.18 and a 52 week high of $353.25. The firm has a 50 day moving average of $290.08 and a 200 day moving average of $301.20.
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.
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