CoreCap Advisors LLC bought a new stake in shares of VanEck Oil Services ETF (NYSEARCA:OIH – Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 7,119 shares of the company’s stock, valued at approximately $2,027,000. CoreCap Advisors LLC owned 0.14% of VanEck Oil Services ETF as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Wexford Capital LP purchased a new stake in VanEck Oil Services ETF during the third quarter worth $27,000. Founders Financial Alliance LLC bought a new stake in shares of VanEck Oil Services ETF in the 3rd quarter valued at about $33,000. Advisory Services Network LLC purchased a new position in shares of VanEck Oil Services ETF in the 3rd quarter worth approximately $43,000. Qube Research & Technologies Ltd purchased a new position in shares of VanEck Oil Services ETF in the 2nd quarter worth approximately $53,000. Finally, Lowe Wealth Advisors LLC raised its stake in shares of VanEck Oil Services ETF by 200.0% during the 3rd quarter. Lowe Wealth Advisors LLC now owns 399 shares of the company’s stock worth $104,000 after acquiring an additional 266 shares in the last quarter. 94.50% of the stock is currently owned by institutional investors.
Key VanEck Oil Services ETF News
Here are the key news stories impacting VanEck Oil Services ETF this week:
- Positive Sentiment: Geopolitical escalation expectations sent oil sharply higher, supporting oil‑services demand (less drilling downtime risk, more emergency & maintenance work). Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rallies 5% As Traders Bet On A Long War In The Middle East
- Positive Sentiment: Analysts told Reuters that oil prices could remain elevated (or spike further) across Iran‑war scenarios, implying sustained higher activity and capex for oil‑service firms. Oil prices to stay elevated across Iran war scenarios
- Positive Sentiment: Crude futures flipped higher as war risk tightened the supply outlook and inventories fell — a technical and fundamental tailwind for oil‑services revenue. Oil News: Crude Oil Futures Flip Higher as War Risk Lifts Oil Outlook
- Positive Sentiment: Coverage note: Zacks highlights OIH reaching a 52‑week high and argues higher oil prices create meaningful opportunities for oil‑services exposure, supporting continued investor interest. Oil Services ETF (OIH) Hits 52-Week High: More Strength Ahead?
- Neutral Sentiment: Risk pricing is volatile — some headlines (Trump pausing attacks / negotiations) briefly pushed prices down, showing the upside is contingent on further escalation or diplomatic setbacks. Oil prices fall as Trump pauses attacks on Iranian energy plants
- Neutral Sentiment: Prediction‑market odds (Polymarket) and commentary show elevated probabilities of military escalation — large but uncertain events that can swing oil (and OIH) sharply both ways. Polymarket bettors put 62% odds on US forces entering Iran by April 30 as oil traders brace for $200 a barrel
- Negative Sentiment: Equity market volatility: oil spikes have triggered broad selloffs (S&P500 weakness), which can cap ETF gains even as sector fundamentals improve — macro risk to OIH’s short‑term performance. S&P500: US Stocks Sink as Oil Spike and War Fears Trigger Broad Selloff
- Negative Sentiment: Higher oil is feeding inflation and pushed rates expectations up (markets price a higher chance of Fed hikes), a headwind for risk assets including ETFs that can weigh on multiples and flows into OIH. Markets see the Fed’s next move as a potential hike as oil prices surge, inflation fears rise
VanEck Oil Services ETF Stock Up 0.7%
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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