SSA Swiss Advisors AG Has $166,000 Stock Position in VanEck Oil Services ETF $OIH

SSA Swiss Advisors AG lessened its holdings in shares of VanEck Oil Services ETF (NYSEARCA:OIH) by 51.1% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 661 shares of the company’s stock after selling 692 shares during the period. SSA Swiss Advisors AG’s holdings in VanEck Oil Services ETF were worth $166,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the company. Lowe Wealth Advisors LLC bought a new stake in VanEck Oil Services ETF in the second quarter valued at $31,000. Headlands Technologies LLC bought a new stake in VanEck Oil Services ETF in the first quarter valued at $45,000. Banque Cantonale Vaudoise bought a new stake in VanEck Oil Services ETF in the first quarter valued at $54,000. Trexquant Investment LP bought a new stake in VanEck Oil Services ETF in the first quarter valued at $229,000. Finally, IFP Advisors Inc increased its stake in VanEck Oil Services ETF by 42.3% in the first quarter. IFP Advisors Inc now owns 1,009 shares of the company’s stock valued at $264,000 after purchasing an additional 300 shares in the last quarter. Institutional investors own 94.50% of the company’s stock.

VanEck Oil Services ETF Trading Down 0.8%

OIH opened at $276.95 on Friday. VanEck Oil Services ETF has a 1-year low of $191.21 and a 1-year high of $311.28. The company has a market cap of $1.02 billion, a P/E ratio of 10.97 and a beta of 1.99. The company has a fifty day moving average price of $256.48 and a two-hundred day moving average price of $239.25.

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.