Quantitative Investment Management LLC Takes Position in VanEck Oil Services ETF $OIH

Posted by George Bondi on Aug 31st, 2026

Quantitative Investment Management LLC acquired a new position in VanEck Oil Services ETF (NYSEARCA:OIH – Free Report) in the second quarter, HoldingsChannel.com reports. The institutional investor acquired 18,019 shares of the company’s stock, valued at approximately $6,703,000. VanEck Oil Services ETF comprises 0.7% of Quantitative Investment Management LLC’s holdings, making the stock its 29th biggest holding.

Several other institutional investors have also recently made changes to their positions in OIH. Marks Wealth LLC bought a new stake in VanEck Oil Services ETF during the 4th quarter valued at approximately $8,129,000. HighTower Advisors LLC boosted its stake in VanEck Oil Services ETF by 281.6% in the 4th quarter. HighTower Advisors LLC now owns 3,278 shares of the company’s stock worth $934,000 after purchasing an additional 2,419 shares during the period. Petra Financial Advisors Inc. purchased a new stake in VanEck Oil Services ETF during the 1st quarter valued at approximately $7,347,000. Employees Provident Fund Board purchased a new stake in VanEck Oil Services ETF during the 4th quarter valued at approximately $69,336,000. Finally, Red Cedar Investment Management LLC purchased a new stake in VanEck Oil Services ETF during the 4th quarter valued at approximately $15,506,000. Hedge funds and other institutional investors own 94.50% of the company’s stock.

VanEck Oil Services ETF Price Performance

VanEck Oil Services ETF stock opened at $418.31 on Monday. VanEck Oil Services ETF has a 1 year low of $242.24 and a 1 year high of $459.28. The firm’s 50 day moving average price is $389.18 and its 200-day moving average price is $402.26. The stock has a market cap of $2.07 billion, a P/E ratio of 10.97 and a beta of 0.88.

VanEck Oil Services ETF News Summary

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

Positive Sentiment: Fading U.S.-Iran diplomacy and risks surrounding the Strait of Hormuz and Russian supply have revived bullish momentum in oil, supporting oil-focused ETFs such as OIH. WTI and Brent are also holding important technical support levels, with Brent above $85. Geopolitical Risks Lift Oil Prices: 4 ETFs to Watch
Positive Sentiment: Persistent shipping constraints and tight diesel inventories are keeping refined-fuel markets relatively firm, offering additional support to crude prices and potentially encouraging activity for oilfield-service providers. Diesel Stocks Tighten as Hormuz Flows Slowly Recover
Neutral Sentiment: Canada’s Trans Mountain CEO said the breakdown in U.S. trade talks adds urgency to plans for a new west-coast oil pipeline. The development could improve long-term Canadian export capacity and support service demand, but it is a planning initiative rather than an immediate earnings catalyst for OIH. Trans Mountain CEO Says US Trade Rift Adds Urgency to Canada’s Oil Pipeline Plan
Negative Sentiment: Persian Gulf exports have recovered to roughly two-thirds of pre-war levels, and analysts expect oil to remain in the high-$70s to low-$80s for the rest of the year. Increased supply and subdued Chinese refining demand could restrain crude prices, limiting customers’ incentive to increase exploration and production spending. Persian Gulf Oil Exports Rebound

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.