VanEck Oil Services ETF (NYSEARCA:OIH) Shares Sold by Concourse Financial Group Securities Inc.

Concourse Financial Group Securities Inc. lessened its position in shares of VanEck Oil Services ETF (NYSEARCA:OIH) by 22.6% in the 4th quarter, HoldingsChannel reports. The fund owned 907 shares of the company’s stock after selling 265 shares during the period. Concourse Financial Group Securities Inc.’s holdings in VanEck Oil Services ETF were worth $264,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. SBI Securities Co. Ltd. acquired a new position in VanEck Oil Services ETF in the fourth quarter valued at approximately $27,000. EverSource Wealth Advisors LLC boosted its holdings in shares of VanEck Oil Services ETF by 64.5% in the 4th quarter. EverSource Wealth Advisors LLC now owns 102 shares of the company’s stock valued at $28,000 after buying an additional 40 shares in the last quarter. Farther Finance Advisors LLC grew its position in shares of VanEck Oil Services ETF by 64.6% in the 4th quarter. Farther Finance Advisors LLC now owns 130 shares of the company’s stock valued at $35,000 after buying an additional 51 shares during the last quarter. Runnymede Capital Advisors Inc. purchased a new position in shares of VanEck Oil Services ETF in the 4th quarter valued at $62,000. Finally, Golden State Wealth Management LLC acquired a new stake in VanEck Oil Services ETF during the 4th quarter worth $153,000.

VanEck Oil Services ETF Stock Performance

VanEck Oil Services ETF stock opened at $213.62 on Wednesday. The company has a market capitalization of $897.20 million, a P/E ratio of 9.73 and a beta of 1.35. VanEck Oil Services ETF has a fifty-two week low of $191.21 and a fifty-two week high of $340.19. The stock has a 50-day simple moving average of $246.48 and a 200-day simple moving average of $271.98.

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.