Prospera Financial Services Inc Takes Position in VanEck Oil Services ETF $OIH

Posted by Francis Steltz on May 28th, 2026

Prospera Financial Services Inc acquired a new stake in shares of VanEck Oil Services ETF (NYSEARCA:OIH – Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 5,953 shares of the company’s stock, valued at approximately $1,695,000. Prospera Financial Services Inc owned about 0.10% of VanEck Oil Services ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Axxcess Wealth Management LLC purchased a new stake in shares of VanEck Oil Services ETF during the 4th quarter valued at $307,000. Mraz Amerine & Associates Inc. lifted its holdings in shares of VanEck Oil Services ETF by 1.8% during the 4th quarter. Mraz Amerine & Associates Inc. now owns 9,974 shares of the company’s stock valued at $2,840,000 after purchasing an additional 172 shares during the last quarter. Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new stake in shares of VanEck Oil Services ETF during the 4th quarter valued at $1,263,000. PNC Financial Services Group Inc. lifted its holdings in shares of VanEck Oil Services ETF by 19.1% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,028 shares of the company’s stock valued at $293,000 after purchasing an additional 165 shares during the last quarter. Finally, HighTower Advisors LLC lifted its holdings in shares of VanEck Oil Services ETF by 281.6% during the 4th quarter. HighTower Advisors LLC now owns 3,278 shares of the company’s stock valued at $934,000 after purchasing an additional 2,419 shares during the last quarter. Hedge funds and other institutional investors own 94.50% of the company’s stock.

VanEck Oil Services ETF Trading Down 4.0%

Shares of OIH opened at $425.53 on Thursday. VanEck Oil Services ETF has a 12 month low of $215.10 and a 12 month high of $459.28. The stock has a fifty day moving average price of $419.59 and a 200-day moving average price of $360.45. The firm has a market cap of $2.38 billion, a PE ratio of 10.97 and a beta of 0.89.

Trending Headlines about VanEck Oil Services ETF

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

Neutral Sentiment: Oil markets remain highly volatile as traders react to shifting reports on U.S.-Iran negotiations, with several outlets saying a potential framework deal could reopen the Strait of Hormuz and reduce near-term supply fears. U.S. oil falls below $89 on report Iran agreement would restore Hormuz traffic in one month
Neutral Sentiment: Crude prices fell sharply as hopes for de-escalation and reopening of the Strait of Hormuz outweighed earlier supply-risk fears, which can soften demand expectations for oil services shares. Oil pulls back as traders look for progress on US-Iran talks
Neutral Sentiment: Some analysts still warn that the Strait of Hormuz could remain constrained for months, which would keep energy markets on edge and could provide support for oil-services equities if tensions re-escalate. Piper Sandler says Strait of Hormuz to remain closed for months and oil to hit new highs
Negative Sentiment: Multiple reports say crude broke lower technically and extended its pullback on easing geopolitical risk, a setup that tends to pressure oil-linked ETFs like OIH. Crude Oil Price Forecast: Breakdown Signals Deeper Pullback Risk

About VanEck Oil Services ETF

(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.