The Manufacturers Life Insurance Company Buys Shares of 2,028 VanEck Oil Services ETF (NYSEARCA:OIH)

The Manufacturers Life Insurance Company bought a new stake in VanEck Oil Services ETF (NYSEARCA:OIH) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 2,028 shares of the company’s stock, valued at approximately $550,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. JPMorgan Chase & Co. lifted 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 buying an additional 154,738 shares during the period. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in shares of VanEck Oil Services ETF in the 4th quarter valued at approximately $47,194,000. LPL Financial LLC lifted its holdings in shares of VanEck Oil Services ETF by 0.7% in the 4th quarter. LPL Financial LLC now owns 72,954 shares of the company’s stock valued at $19,787,000 after buying an additional 509 shares during the period. Zuckerman Investment Group LLC lifted its holdings in shares of VanEck Oil Services ETF by 1.9% in the 4th quarter. Zuckerman Investment Group LLC now owns 48,072 shares of the company’s stock valued at $13,265,000 after buying an additional 877 shares during the period. Finally, Tower Research Capital LLC TRC lifted its holdings in shares of VanEck Oil Services ETF by 106.9% in the 4th quarter. Tower Research Capital LLC TRC now owns 29,103 shares of the company’s stock valued at $7,894,000 after buying an additional 15,039 shares during the period.

VanEck Oil Services ETF Stock Performance

Shares of OIH stock opened at $228.26 on Friday. The stock has a fifty day moving average price of $230.29 and a 200 day moving average price of $263.91. The stock has a market cap of $1.00 billion, a PE ratio of 9.97 and a beta of 1.21. VanEck Oil Services ETF has a 1 year low of $191.21 and a 1 year high of $340.19.

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.