VanEck Oil Services ETF (NYSEARCA:OIH) Shares Sold by Fmr LLC

Fmr LLC cut its holdings in VanEck Oil Services ETF (NYSEARCA:OIH) by 56.0% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 282 shares of the company’s stock after selling 359 shares during the quarter. Fmr LLC’s holdings in VanEck Oil Services ETF were worth $80,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in OIH. First Personal Financial Services acquired a new stake in VanEck Oil Services ETF in the 3rd quarter worth about $29,000. NBC Securities Inc. boosted its stake in shares of VanEck Oil Services ETF by 100.0% in the third quarter. NBC Securities Inc. now owns 150 shares of the company’s stock worth $42,000 after acquiring an additional 75 shares during the last quarter. International Assets Investment Management LLC purchased a new stake in shares of VanEck Oil Services ETF during the second quarter worth approximately $57,000. Sanctuary Advisors LLC acquired a new position in VanEck Oil Services ETF in the 2nd quarter valued at $223,000. Finally, SilverOak Wealth Management LLC lifted its holdings in VanEck Oil Services ETF by 9.7% in the 3rd quarter. SilverOak Wealth Management LLC now owns 738 shares of the company’s stock valued at $209,000 after purchasing an additional 65 shares in the last quarter.

VanEck Oil Services ETF Stock Down 1.5 %

Shares of OIH opened at $260.96 on Tuesday. VanEck Oil Services ETF has a 52-week low of $257.78 and a 52-week high of $353.25. The stock has a market cap of $1.63 billion, a PE ratio of 18.96 and a beta of 0.81. The firm’s fifty day moving average is $287.67 and its two-hundred day moving average is $297.06.

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.