Crestline Management LP Invests $271,000 in VanEck Oil Services ETF (NYSEARCA:OIH)

Crestline Management LP purchased a new position in VanEck Oil Services ETF (NYSEARCA:OIH) during the 4th quarter, HoldingsChannel reports. The fund purchased 1,000 shares of the company’s stock, valued at approximately $271,000.

Several other institutional investors have also recently made changes to their positions in OIH. SBI Securities Co. Ltd. bought a new position in shares of VanEck Oil Services ETF in the fourth quarter worth $27,000. EverSource Wealth Advisors LLC increased its holdings in shares of VanEck Oil Services ETF by 64.5% in the fourth 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 holdings in shares of VanEck Oil Services ETF by 64.6% in 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 period. Runnymede Capital Advisors Inc. bought a new position in shares of VanEck Oil Services ETF in the fourth quarter worth $62,000. Finally, Aptus Capital Advisors LLC bought a new position in shares of VanEck Oil Services ETF in the fourth quarter worth $73,000.

VanEck Oil Services ETF Stock Up 1.1%

OIH opened at $221.87 on Monday. The stock has a market cap of $931.85 million, a PE ratio of 9.73 and a beta of 1.35. VanEck Oil Services ETF has a 52 week low of $191.21 and a 52 week high of $340.19. The business’s fifty day simple moving average is $232.25 and its 200 day simple moving average is $265.33.

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.