Wealth Enhancement Advisory Services LLC Has $355,000 Holdings in VanEck Oil Services ETF $OIH

Wealth Enhancement Advisory Services LLC increased its holdings in VanEck Oil Services ETF (NYSEARCA:OIH) by 5.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,468 shares of the company’s stock after acquiring an additional 77 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in VanEck Oil Services ETF were worth $355,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Mraz Amerine & Associates Inc. raised its holdings in shares of VanEck Oil Services ETF by 0.8% in the 1st quarter. Mraz Amerine & Associates Inc. now owns 7,615 shares of the company’s stock worth $1,990,000 after acquiring an additional 58 shares during the last quarter. NBC Securities Inc. purchased a new stake in VanEck Oil Services ETF in the 1st quarter valued at about $26,000. Lowe Wealth Advisors LLC purchased a new stake in VanEck Oil Services ETF in the 2nd quarter valued at about $31,000. Cambridge Investment Research Advisors Inc. increased its stake in VanEck Oil Services ETF by 3.9% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 4,132 shares of the company’s stock valued at $1,083,000 after buying an additional 156 shares during the last quarter. Finally, Headlands Technologies LLC purchased a new stake in VanEck Oil Services ETF in the 1st quarter valued at about $45,000. Institutional investors and hedge funds own 94.50% of the company’s stock.

VanEck Oil Services ETF Stock Performance

NYSEARCA:OIH opened at $264.00 on Wednesday. The firm has a market cap of $963.60 million, a price-to-earnings ratio of 10.97 and a beta of 1.99. VanEck Oil Services ETF has a 52 week low of $191.21 and a 52 week high of $311.28. The firm has a 50-day moving average price of $251.53 and a two-hundred day moving average price of $238.22.

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.