Investment House LLC purchased a new position in shares of VanEck Oil Services ETF (NYSEARCA:OIH – Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 3,247 shares of the company’s stock, valued at approximately $844,000. Investment House LLC owned about 0.08% of VanEck Oil Services ETF as of its most recent SEC filing.
Several other institutional investors also recently added to or reduced their stakes in OIH. MTM Investment Management LLC acquired a new stake in shares of VanEck Oil Services ETF in the second quarter valued at approximately $27,000. Qube Research & Technologies Ltd acquired a new position in shares of VanEck Oil Services ETF in the 2nd quarter valued at $53,000. Lowe Wealth Advisors LLC raised its position in VanEck Oil Services ETF by 200.0% in the 3rd quarter. Lowe Wealth Advisors LLC now owns 399 shares of the company’s stock valued at $104,000 after purchasing an additional 266 shares during the last quarter. Accredited Investor Services LLC acquired a new stake in VanEck Oil Services ETF during the 3rd quarter worth $209,000. Finally, LJI Wealth Management LLC acquired a new stake in VanEck Oil Services ETF during the 3rd quarter worth $215,000. Institutional investors and hedge funds own 94.50% of the company’s stock.
Key Headlines Impacting VanEck Oil Services ETF
Here are the key news stories impacting VanEck Oil Services ETF this week:
- Positive Sentiment: Heightened Middle East tensions after U.S. President’s “armada” comments pushed oil prices higher, a development that typically boosts demand for oilfield services and supports OIH holdings. Oil prices rebound after Trump comments ‘armada’ moving to Iran spur supply worries
- Positive Sentiment: Baker Hughes reported U.S. drillers added oil and gas rigs this week (first rise in three weeks), signaling incremental activity that benefits oil-field services revenue and equipment demand. US drillers add oil and gas rigs for first time in three weeks, Baker Hughes says
- Positive Sentiment: First naphtha cargo arrived to Venezuela under the recent U.S.-Venezuela oil arrangement; restarting heavy-oil processing can revive field operations and logistics work that benefit service providers. US naphtha begin arriving in Venezuela to reanimate heavy oil output, ship data showed
- Positive Sentiment: Sector commentary notes oil-field services stocks (including OIH components) have rallied through January as market participants price a recovery in activity and Venezuelan opportunities. This bullish sentiment supports fund inflows into OIH. Venezuela Opportunity Emerges as Oil Services Stocks Rally Through January
- Neutral Sentiment: India says it will seek better oil deals as Russian imports slow — could shift global trade flows but impact on U.S. oil-services demand is uncertain. India eyes better oil deals as Russian imports slow, minister says
- Neutral Sentiment: Explainers on Strait of Hormuz and U.S. control of Iraq/Venezuela oil revenues highlight geopolitical leverage and risks — important context for longer-term price volatility but not an immediate service-demand signal. What is the Strait of Hormuz and why is it so important for oil?
- Neutral Sentiment: Mexico is weighing whether to stop oil shipments to Cuba amid concerns about U.S. retaliation — an unfolding policy decision with limited direct impact on U.S. oil services unless it broadens into wider trade action. Exclusive: Mexico weighs stopping oil shipments to Cuba amid concerns of Trump retaliation, sources say
- Negative Sentiment: Rising inventories and technical resistance (WTI stalling at the 200-day MA) point to near-term price pressure; weaker oil prices can reduce immediate capex and service-intense activity. Oil News: Crude Oil Futures Stall at 200-Day MA on Rising Inventory, Easing Risk
- Negative Sentiment: The U.S. indicated China may be allowed to buy Venezuelan oil (with price limits), which can increase available supply and weigh on prices — a headwind for short-term oil-service demand. US allows China to purchase Venezuelan oil but not at ‘undercut’ prices of Maduro days, official says
VanEck Oil Services ETF Stock Performance
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.
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