Lyell Wealth Management LP Sells 858 Shares of VanEck Oil Services ETF (NYSEARCA:OIH)

Lyell Wealth Management LP reduced its stake in shares of VanEck Oil Services ETF (NYSEARCA:OIH) by 10.8% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 7,101 shares of the company’s stock after selling 858 shares during the period. Lyell Wealth Management LP owned about 0.11% of VanEck Oil Services ETF worth $2,015,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Gendell Jeffrey L increased its holdings in VanEck Oil Services ETF by 15.7% during the 1st quarter. Gendell Jeffrey L now owns 322,103 shares of the company’s stock worth $108,333,000 after purchasing an additional 43,603 shares in the last quarter. Price T Rowe Associates Inc. MD grew its holdings in shares of VanEck Oil Services ETF by 6.9% in the first quarter. Price T Rowe Associates Inc. MD now owns 160,512 shares of the company’s stock valued at $53,986,000 after acquiring an additional 10,358 shares in the last quarter. Jane Street Group LLC grew its holdings in shares of VanEck Oil Services ETF by 1,219.9% in the first quarter. Jane Street Group LLC now owns 131,307 shares of the company’s stock valued at $44,162,000 after acquiring an additional 121,359 shares in the last quarter. Cetera Investment Advisers grew its holdings in shares of VanEck Oil Services ETF by 13,939.1% in the first quarter. Cetera Investment Advisers now owns 107,680 shares of the company’s stock valued at $36,216,000 after acquiring an additional 106,913 shares in the last quarter. Finally, Cetera Advisor Networks LLC grew its holdings in shares of VanEck Oil Services ETF by 5.2% in the first quarter. Cetera Advisor Networks LLC now owns 92,052 shares of the company’s stock valued at $30,960,000 after acquiring an additional 4,583 shares in the last quarter.

VanEck Oil Services ETF Stock Up 1.4 %

OIH stock opened at $278.77 on Friday. The firm has a market cap of $1.74 billion, a PE ratio of 18.96 and a beta of 0.81. The business has a 50 day moving average of $287.82 and a 200-day moving average of $306.53. VanEck Oil Services ETF has a 12-month low of $262.18 and a 12-month high of $353.25.

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.