Stratos Wealth Partners LTD. Sells 100 Shares of VanEck Oil Services ETF $OIH

Stratos Wealth Partners LTD. trimmed its position in VanEck Oil Services ETF (NYSEARCA:OIH) by 8.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,135 shares of the company’s stock after selling 100 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in VanEck Oil Services ETF were worth $261,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in OIH. Mraz Amerine & Associates Inc. lifted its holdings in VanEck Oil Services ETF by 0.8% in the first quarter. Mraz Amerine & Associates Inc. now owns 7,615 shares of the company’s stock worth $1,990,000 after buying an additional 58 shares during the period. ST Germain D J Co. Inc. lifted its holdings in VanEck Oil Services ETF by 5.9% in the second quarter. ST Germain D J Co. Inc. now owns 1,233 shares of the company’s stock worth $284,000 after buying an additional 69 shares during the period. Wealth Enhancement Advisory Services LLC lifted its holdings in VanEck Oil Services ETF by 5.5% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 1,468 shares of the company’s stock worth $355,000 after buying an additional 77 shares during the period. Janney Montgomery Scott LLC lifted its holdings in VanEck Oil Services ETF by 6.0% in the second quarter. Janney Montgomery Scott LLC now owns 1,412 shares of the company’s stock worth $325,000 after buying an additional 80 shares during the period. Finally, Lowe Wealth Advisors LLC purchased a new stake in VanEck Oil Services ETF in the second quarter worth about $31,000. 94.50% of the stock is owned by hedge funds and other institutional investors.

VanEck Oil Services ETF Price Performance

NYSEARCA:OIH opened at $276.95 on Friday. The firm’s 50-day moving average price is $256.48 and its 200-day moving average price is $239.54. The company has a market capitalization of $1.02 billion, a PE 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.