Main Management LLC Sells 500 Shares of VanEck Oil Services ETF (NYSEARCA:OIH)

Main Management LLC lessened its holdings in VanEck Oil Services ETF (NYSEARCA:OIHFree Report) by 3.2% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 15,341 shares of the company’s stock after selling 500 shares during the period. Main Management LLC’s holdings in VanEck Oil Services ETF were worth $4,161,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of OIH. JPMorgan Chase & Co. raised its holdings in shares of VanEck Oil Services ETF by 18.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,003,000 shares of the company’s stock worth $284,561,000 after purchasing an additional 154,738 shares during the period. Harel Insurance Investments & Financial Services Ltd. bought a new position in VanEck Oil Services ETF during the fourth quarter worth about $47,194,000. LPL Financial LLC boosted its holdings in shares of VanEck Oil Services ETF by 0.7% in the fourth quarter. LPL Financial LLC now owns 72,954 shares of the company’s stock worth $19,787,000 after acquiring an additional 509 shares during the period. Zuckerman Investment Group LLC grew its position in shares of VanEck Oil Services ETF by 1.9% in the fourth quarter. Zuckerman Investment Group LLC now owns 48,072 shares of the company’s stock valued at $13,265,000 after purchasing an additional 877 shares in the last quarter. Finally, Tower Research Capital LLC TRC grew its position in shares of VanEck Oil Services ETF by 106.9% in the fourth quarter. Tower Research Capital LLC TRC now owns 29,103 shares of the company’s stock valued at $7,894,000 after purchasing an additional 15,039 shares in the last quarter.

VanEck Oil Services ETF Stock Up 0.4%

Shares of NYSEARCA OIH opened at $231.50 on Wednesday. The company has a market cap of $1.02 billion, a P/E ratio of 9.97 and a beta of 1.21. VanEck Oil Services ETF has a 52 week low of $191.21 and a 52 week high of $340.19. The business has a 50-day simple moving average of $231.58 and a two-hundred day simple moving average of $264.77.

VanEck Oil Services ETF Company Profile

(Free Report)

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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Institutional Ownership by Quarter for VanEck Oil Services ETF (NYSEARCA:OIH)

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