RPG Investment Advisory LLC lessened its position in shares of VanEck Oil Services ETF (NYSEARCA:OIH – Free Report) by 0.4% during the 2nd quarter, HoldingsChannel reports. The fund owned 46,085 shares of the company’s stock after selling 178 shares during the quarter. VanEck Oil Services ETF accounts for about 2.2% of RPG Investment Advisory LLC’s investment portfolio, making the stock its 14th largest holding. RPG Investment Advisory LLC’s holdings in VanEck Oil Services ETF were worth $14,571,000 at the end of the most recent quarter.
Several other hedge funds have also added to or reduced their stakes in the company. International Assets Investment Management LLC acquired a new stake in shares of VanEck Oil Services ETF during the second quarter worth $57,000. Riverview Trust Co bought a new position in VanEck Oil Services ETF during the second quarter worth about $62,000. Headlands Technologies LLC bought a new position in VanEck Oil Services ETF during the first quarter worth about $94,000. Essex Financial Services Inc. acquired a new position in shares of VanEck Oil Services ETF during the 1st quarter worth about $200,000. Finally, Benin Management CORP bought a new stake in shares of VanEck Oil Services ETF in the 1st quarter valued at about $202,000.
VanEck Oil Services ETF Price Performance
VanEck Oil Services ETF stock opened at $274.49 on Tuesday. The firm has a market capitalization of $1.72 billion, a price-to-earnings ratio of 18.96 and a beta of 0.81. The company’s 50 day simple moving average is $307.89 and its 200 day simple moving average is $315.14. VanEck Oil Services ETF has a fifty-two week low of $273.30 and a fifty-two week high of $364.08.
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.
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Want to see what other hedge funds are holding OIH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Oil Services ETF (NYSEARCA:OIH – Free Report).
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