Cerity Partners LLC Buys 57 Shares of VanEck Oil Services ETF (NYSEARCA:OIH)

Cerity Partners LLC increased its stake in shares of VanEck Oil Services ETF (NYSEARCA:OIH) by 2.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,070 shares of the company’s stock after acquiring an additional 57 shares during the period. Cerity Partners LLC’s holdings in VanEck Oil Services ETF were worth $561,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in OIH. SBI Securities Co. Ltd. bought a new stake in shares of VanEck Oil Services ETF in the fourth quarter valued at about $27,000. JPMorgan Chase & Co. lifted its stake in 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 acquiring an additional 154,738 shares in the last quarter. Avantax Advisory Services Inc. boosted its position in VanEck Oil Services ETF by 26.5% during the 4th quarter. Avantax Advisory Services Inc. now owns 4,040 shares of the company’s stock worth $1,096,000 after acquiring an additional 846 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its stake in shares of VanEck Oil Services ETF by 18.1% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 866 shares of the company’s stock worth $235,000 after acquiring an additional 133 shares in the last quarter. Finally, Tidal Investments LLC acquired a new stake in shares of VanEck Oil Services ETF in the third quarter valued at approximately $312,000.

VanEck Oil Services ETF Trading Down 2.7 %

Shares of OIH opened at $212.98 on Tuesday. The stock has a market capitalization of $894.52 million, a price-to-earnings ratio of 9.73 and a beta of 1.35. VanEck Oil Services ETF has a 12 month low of $191.21 and a 12 month high of $340.19. The firm has a fifty day simple moving average of $247.85 and a 200 day simple moving average of $272.39.

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.