Prasad Wealth Partners LLC bought a new stake in shares of VanEck Oil Services ETF (NYSEARCA:OIH – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 1,027 shares of the company’s stock, valued at approximately $279,000.
Several other institutional investors and hedge funds have also recently bought and sold shares of OIH. Citigroup Inc. boosted 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 worth $81,809,000 after buying an additional 274,268 shares during the period. Harel Insurance Investments & Financial Services Ltd. bought a new stake in VanEck Oil Services ETF during the 4th quarter valued at $47,194,000. JPMorgan Chase & Co. boosted its position in VanEck Oil Services ETF by 18.2% during 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 period. Healthcare of Ontario Pension Plan Trust Fund boosted its position in VanEck Oil Services ETF by 154.0% during 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 period. Finally, Floyd Financial Group LLC bought a new position in shares of VanEck Oil Services ETF in the fourth quarter worth $5,925,000.
VanEck Oil Services ETF Stock Down 0.5 %
Shares of NYSEARCA OIH opened at $271.51 on Tuesday. The stock has a market cap of $1.70 billion, a P/E ratio of 18.96 and a beta of 0.81. The firm’s 50-day simple moving average is $279.48 and its 200 day simple moving average is $286.65. VanEck Oil Services ETF has a fifty-two week low of $257.78 and a fifty-two week high of $353.25.
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.
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