Ashton Thomas Private Wealth LLC reduced its position in VanEck Oil Services ETF (NYSEARCA:OIH – Free Report) by 9.9% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,379 shares of the company’s stock after selling 151 shares during the quarter. Ashton Thomas Private Wealth LLC’s holdings in VanEck Oil Services ETF were worth $391,000 at the end of the most recent quarter.
Several other institutional investors have also recently modified their holdings of OIH. First Personal Financial Services bought a new stake in VanEck Oil Services ETF in the 3rd quarter worth approximately $29,000. NBC Securities Inc. boosted its stake in shares of VanEck Oil Services ETF by 100.0% in the 3rd quarter. NBC Securities Inc. now owns 150 shares of the company’s stock valued at $42,000 after purchasing an additional 75 shares in the last quarter. International Assets Investment Management LLC bought a new position in shares of VanEck Oil Services ETF during the 2nd quarter valued at $57,000. Riverview Trust Co purchased a new position in VanEck Oil Services ETF in the 2nd quarter worth $62,000. Finally, Headlands Technologies LLC bought a new stake in VanEck Oil Services ETF in the first quarter worth $94,000.
VanEck Oil Services ETF Stock Down 0.3 %
NYSEARCA OIH opened at $296.86 on Friday. The firm has a market cap of $1.86 billion, a price-to-earnings ratio of 18.96 and a beta of 0.81. The company has a 50-day simple moving average of $285.33 and a two-hundred day simple moving average of $302.50. VanEck Oil Services ETF has a 12-month low of $262.18 and a 12-month high of $353.25.
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.
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