VanEck Oil Services ETF (NYSEARCA:OIH) Stock Holdings Trimmed by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. reduced its stake in VanEck Oil Services ETF (NYSEARCA:OIH) by 24.5% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,235 shares of the company’s stock after selling 400 shares during the period. Stratos Wealth Partners LTD.’s holdings in VanEck Oil Services ETF were worth $324,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. EverSource Wealth Advisors LLC raised its stake in VanEck Oil Services ETF by 64.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 102 shares of the company’s stock valued at $28,000 after purchasing an additional 40 shares during the period. DRW Securities LLC boosted its stake in shares of VanEck Oil Services ETF by 3.9% during the 4th quarter. DRW Securities LLC now owns 1,287 shares of the company’s stock worth $349,000 after acquiring an additional 48 shares in the last quarter. Farther Finance Advisors LLC boosted its holdings in VanEck Oil Services ETF by 64.6% during the fourth quarter. Farther Finance Advisors LLC now owns 130 shares of the company’s stock valued at $35,000 after acquiring an additional 51 shares during the period. Cerity Partners LLC boosted its holdings in VanEck Oil Services ETF by 2.8% during the fourth quarter. Cerity Partners LLC now owns 2,070 shares of the company’s stock valued at $561,000 after acquiring an additional 57 shares during the period. Finally, Bourgeon Capital Management LLC boosted its holdings in VanEck Oil Services ETF by 3.4% during the first quarter. Bourgeon Capital Management LLC now owns 2,024 shares of the company’s stock valued at $531,000 after acquiring an additional 67 shares during the period. 94.50% of the stock is currently owned by institutional investors and hedge funds.

VanEck Oil Services ETF Stock Performance

Shares of OIH opened at $236.82 on Wednesday. VanEck Oil Services ETF has a 52 week low of $191.21 and a 52 week high of $340.19. The firm has a market capitalization of $983.04 million, a P/E ratio of 10.97 and a beta of 1.99. The company has a 50-day simple moving average of $232.48 and a 200-day simple moving average of $248.05.

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.