Altfest L J & Co. Inc. Takes Position in VanEck Oil Services ETF $OIH

Altfest L J & Co. Inc. bought a new stake in VanEck Oil Services ETF (NYSEARCA:OIH) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 11,455 shares of the company’s stock, valued at approximately $3,262,000. Altfest L J & Co. Inc. owned about 0.22% of VanEck Oil Services ETF at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in OIH. NewEdge Advisors LLC increased its stake in VanEck Oil Services ETF by 30.5% in the first quarter. NewEdge Advisors LLC now owns 2,629 shares of the company’s stock valued at $689,000 after purchasing an additional 614 shares during the last quarter. Creative Planning increased its stake in VanEck Oil Services ETF by 42.9% in the second quarter. Creative Planning now owns 1,150 shares of the company’s stock valued at $265,000 after purchasing an additional 345 shares during the last quarter. Qube Research & Technologies Ltd acquired a new position in VanEck Oil Services ETF in the second quarter valued at $53,000. The Manufacturers Life Insurance Company grew its position in VanEck Oil Services ETF by 148.1% during the second quarter. The Manufacturers Life Insurance Company now owns 7,244 shares of the company’s stock valued at $1,668,000 after acquiring an additional 4,324 shares during the period. Finally, Raymond James Financial Inc. grew its position in VanEck Oil Services ETF by 88.2% during the second quarter. Raymond James Financial Inc. now owns 24,713 shares of the company’s stock valued at $5,691,000 after acquiring an additional 11,583 shares during the period. 94.50% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting VanEck Oil Services ETF

Here are the key news stories impacting VanEck Oil Services ETF this week:

• Positive Sentiment: March short interest fell sharply (down ~39.6% to 780,498 shares as of 3/31), cutting the days-to-cover to ~1.3 and reducing short-driven selling risk — a bullish structural signal for OIH.
• Positive Sentiment: Analysts warn the Iran war-related shock could flip the oil market to a supply deficit in 2026, which would support higher oil prices and increased activity for oil services firms in the ETF. Oil whiplash: Iran war shock to flip market to deficit in 2026, analysts say
• Positive Sentiment: Attacks on Saudi oil facilities and continued Strait of Hormuz disruption are keeping a risk premium on crude and supporting oil-service demand. Oil prices rise after strikes on Saudi oil facilities
• Positive Sentiment: Spot (dated) Brent remains elevated versus futures, signaling tight physical markets that could sustain elevated activity for drillers and service providers in OIH. What this real-world oil price says about the level of stress in the energy market
• Neutral Sentiment: Traders are cautious ahead of U.S.–Iran talks and key data releases (e.g., U.S. CPI), which may produce headline-driven intraday swings without a clear directional bias for OIH. Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Traders Prepare For U.S. – Iran Talks
• Neutral Sentiment: Technical and short-term forecasts highlight elevated volatility (WTI testing key levels), meaning swings in OIH may persist as headlines unfold. Natural Gas and Oil Forecast: Oil Volatility Roars as Strait of Hormuz Risks Persist – Can Bulls Break the $105 Barrier?
• Negative Sentiment: Past episodes of ceasefire optimism produced sharp oil price pullbacks (e.g., a 19% plunge in one session), showing that any credible de‑escalation can quickly remove the risk premium and weigh on OIH. Natural Gas and Oil Forecast: Oil Plummets 19% on Ceasefire – Will WTI Hold $94.00?
• Negative Sentiment: Some technical analyses signal a potential deeper correction in Brent, which could pressure short-term sentiment for oil services holdings in the ETF. Brent Oil Reversal Confirmed: Elliott Wave Analysis Signals Deeper Correction

VanEck Oil Services ETF Trading Down 0.3%

OIH stock opened at $409.78 on Friday. The stock has a 50-day moving average price of $387.66 and a two-hundred day moving average price of $324.29. VanEck Oil Services ETF has a 12-month low of $199.68 and a 12-month high of $423.85. The company has a market cap of $2.11 billion, a PE ratio of 10.97 and a beta of 0.84.

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.