8,902 Shares in VanEck Oil Services ETF $OIH Purchased by Fortis Capital Advisors LLC

Fortis Capital Advisors LLC bought a new position in shares of VanEck Oil Services ETF (NYSEARCA:OIH) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 8,902 shares of the company’s stock, valued at approximately $2,535,000. Fortis Capital Advisors LLC owned 0.17% of VanEck Oil Services ETF as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. JPMorgan Chase & Co. increased its holdings in shares of VanEck Oil Services ETF by 189.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 141,542 shares of the company’s stock valued at $36,788,000 after purchasing an additional 92,676 shares during the period. Pureheart Capital Pte Ltd. bought a new stake in VanEck Oil Services ETF during the third quarter worth approximately $12,216,000. Quantessence Capital LLC boosted its position in VanEck Oil Services ETF by 610.7% during the third quarter. Quantessence Capital LLC now owns 26,729 shares of the company’s stock worth $6,947,000 after purchasing an additional 22,968 shares during the period. Raymond James Financial Inc. boosted 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 worth $5,691,000 after purchasing an additional 11,583 shares during the period. Finally, Altfest L J & Co. Inc. bought a new stake in VanEck Oil Services ETF during the fourth quarter worth approximately $3,262,000. 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: India’s Reliance rejected two Iranian cargoes for compliance reasons just ahead of a U.S. waiver expiry, a development that could tighten available seaborne supply and support oil prices (positive for oil services demand). Indian refiner Reliance rejects Iran oil cargoes as waiver deadline looms
• Positive Sentiment: Indian refiners are lining up cargoes to meet local demand, indicating steady physical demand in a major fuel market — a tailwind for service activity if flows and refining runs stay elevated. Indian oil refiners lining up oil cargoes to meet local demand, official says
• Neutral Sentiment: Europe’s big oil majors have seen large trading gains from recent volatility — an earnings/flow story that helps energy-sector cash flows but is less directly tied to oil‑services capex timing. European oil majors outshine US rivals with Iran war trading bonanza
• Negative Sentiment: News that the Strait of Hormuz is reopening and talk of U.S.–Iran talks pushed oil prices down as the geopolitical risk premium faded — weaker crude weighs on near‑term activity expectations for oil services firms. Reopened Strait of Hormuz and falling oil prices may recast Fed’s options for future cuts
• Negative Sentiment: Multiple market reports (Reuters, CNBC, FXEmpire) show oil slipping on ceasefire/talks optimism and technical selling (WTI around the low‑$90s in recent headlines). Falling crude reduces near‑term revenue expectations for drillers and service providers. Oil falls on prospects for talks to end Iran war and revive supply
• Negative Sentiment: Longer‑running disruption data (Proactive piece on tanker traffic through Hormuz) still shows constrained flows in prior weeks; however, the market is currently prioritizing signs of reopening — a dynamic that creates volatile swings for OIH. Hormuz blockade: day 47 and the oil still isn’t moving

VanEck Oil Services ETF Price Performance

Shares of VanEck Oil Services ETF stock opened at $400.69 on Monday. VanEck Oil Services ETF has a 12-month low of $206.42 and a 12-month high of $423.85. The stock has a market capitalization of $2.08 billion, a P/E ratio of 10.97 and a beta of 0.84. The stock has a 50 day moving average price of $392.46 and a two-hundred day moving average price of $329.70.

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.