VanEck Oil Services ETF (NYSEARCA:OIH) Shares Sold by Zweig DiMenna Associates LLC

Zweig DiMenna Associates LLC cut its holdings in shares of VanEck Oil Services ETF (NYSEARCA:OIH) by 51.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,900 shares of the company’s stock after selling 4,200 shares during the quarter. Zweig DiMenna Associates LLC owned 0.06% of VanEck Oil Services ETF worth $1,058,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in OIH. JPMorgan Chase & Co. raised its holdings in shares of VanEck Oil Services ETF by 18.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,003,000 shares of the company’s stock valued at $284,561,000 after purchasing an additional 154,738 shares in the last quarter. Tidal Investments LLC purchased a new position in VanEck Oil Services ETF in the third quarter valued at $312,000. Mraz Amerine & Associates Inc. raised its stake in VanEck Oil Services ETF by 8.2% in the third quarter. Mraz Amerine & Associates Inc. now owns 6,662 shares of the company’s stock valued at $1,890,000 after buying an additional 505 shares in the last quarter. Thrivent Financial for Lutherans lifted its holdings in VanEck Oil Services ETF by 1.3% during the 3rd quarter. Thrivent Financial for Lutherans now owns 8,213 shares of the company’s stock worth $2,330,000 after buying an additional 103 shares during the last quarter. Finally, Mirador Capital Partners LP boosted its position in shares of VanEck Oil Services ETF by 1.6% during the 4th quarter. Mirador Capital Partners LP now owns 8,774 shares of the company’s stock worth $2,380,000 after acquiring an additional 139 shares in the last quarter.

VanEck Oil Services ETF Price Performance

NYSEARCA OIH opened at $292.72 on Friday. The company has a fifty day moving average of $286.01 and a two-hundred day moving average of $292.87. The company has a market capitalization of $1.83 billion, a PE ratio of 18.96 and a beta of 0.81. VanEck Oil Services ETF has a 1 year low of $257.78 and a 1 year 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.