5,776 Shares in VanEck Oil Services ETF (NYSEARCA:OIH) Purchased by MML Investors Services LLC

MML Investors Services LLC bought a new stake in VanEck Oil Services ETF (NYSEARCA:OIH) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 5,776 shares of the company’s stock, valued at approximately $1,567,000.

Several other hedge funds also recently modified their holdings of the company. EverSource Wealth Advisors LLC lifted its stake in shares of VanEck Oil Services ETF by 64.5% during the fourth quarter. EverSource Wealth Advisors LLC now owns 102 shares of the company’s stock valued at $28,000 after buying an additional 40 shares during the period. DRW Securities LLC lifted its stake in shares of VanEck Oil Services ETF by 3.9% during the 4th quarter. DRW Securities LLC now owns 1,287 shares of the company’s stock worth $349,000 after purchasing an additional 48 shares during the period. Farther Finance Advisors LLC boosted its holdings in shares of VanEck Oil Services ETF by 64.6% during the fourth 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. Global Retirement Partners LLC grew its position in shares of VanEck Oil Services ETF by 3.7% in the fourth quarter. Global Retirement Partners LLC now owns 1,587 shares of the company’s stock valued at $430,000 after purchasing an additional 56 shares during the period. Finally, Cerity Partners LLC increased its stake in VanEck Oil Services ETF by 2.8% in the fourth quarter. Cerity Partners LLC now owns 2,070 shares of the company’s stock valued at $561,000 after purchasing an additional 57 shares during the last quarter.

VanEck Oil Services ETF Trading Up 0.3 %

Shares of NYSEARCA:OIH opened at $215.43 on Wednesday. The firm has a market cap of $904.81 million, a price-to-earnings ratio of 9.73 and a beta of 1.35. The stock’s 50-day moving average price is $239.80 and its two-hundred day moving average price is $269.14. VanEck Oil Services ETF has a 12-month low of $191.21 and a 12-month high of $340.19.

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.