ST Germain D J Co. Inc. Boosts Stock Holdings in VanEck Oil Services ETF $OIH

ST Germain D J Co. Inc. lifted its stake in shares of VanEck Oil Services ETF (NYSEARCA:OIH) by 5.9% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,233 shares of the company’s stock after purchasing an additional 69 shares during the period. ST Germain D J Co. Inc.’s holdings in VanEck Oil Services ETF were worth $284,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. NBC Securities Inc. acquired a new position in VanEck Oil Services ETF in the first quarter valued at approximately $26,000. Lowe Wealth Advisors LLC purchased a new position in VanEck Oil Services ETF in the second quarter valued at $31,000. Headlands Technologies LLC purchased a new position in VanEck Oil Services ETF in the first quarter valued at $45,000. Banque Cantonale Vaudoise purchased a new position in VanEck Oil Services ETF in the first quarter valued at $54,000. Finally, Herbst Group LLC purchased a new position in shares of VanEck Oil Services ETF during the first quarter worth about $210,000. 94.50% of the stock is currently owned by institutional investors and hedge funds.

VanEck Oil Services ETF Stock Performance

Shares of OIH stock opened at $268.01 on Friday. The stock’s 50-day moving average is $249.49 and its two-hundred day moving average is $237.92. The firm has a market cap of $1.07 billion, a price-to-earnings ratio of 10.97 and a beta of 1.99. VanEck Oil Services ETF has a 1 year low of $191.21 and a 1 year high of $311.28.

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.