Symmetry Investments LP Cuts Position in VanEck Oil Services ETF (NYSEARCA:OIH)

Symmetry Investments LP lessened its position in shares of VanEck Oil Services ETF (NYSEARCA:OIH) by 55.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,090 shares of the company’s stock after selling 13,900 shares during the quarter. Symmetry Investments LP owned about 0.15% of VanEck Oil Services ETF worth $3,433,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in OIH. Gendell Jeffrey L purchased a new position in VanEck Oil Services ETF during the 3rd quarter valued at approximately $19,840,000. International Assets Investment Management LLC bought a new position in shares of VanEck Oil Services ETF during the 4th quarter valued at approximately $13,125,000. Financial Advocates Investment Management bought a new position in shares of VanEck Oil Services ETF during the 4th quarter valued at approximately $7,341,000. Tower Research Capital LLC TRC increased its position in shares of VanEck Oil Services ETF by 128.1% during the 4th quarter. Tower Research Capital LLC TRC now owns 39,165 shares of the company’s stock valued at $12,122,000 after purchasing an additional 21,995 shares during the last quarter. Finally, LPL Financial LLC increased its position in shares of VanEck Oil Services ETF by 24.0% during the 3rd quarter. LPL Financial LLC now owns 106,298 shares of the company’s stock valued at $36,677,000 after purchasing an additional 20,588 shares during the last quarter.

VanEck Oil Services ETF Trading Up 2.8 %

Shares of NYSEARCA OIH traded up $8.41 during trading hours on Monday, hitting $309.85. 697,263 shares of the company traded hands, compared to its average volume of 392,121. The stock has a market capitalization of $1.94 billion, a price-to-earnings ratio of 18.96 and a beta of 0.81. The company’s 50 day moving average price is $323.73 and its 200 day moving average price is $311.63. VanEck Oil Services ETF has a 12 month low of $262.75 and a 12 month high of $364.08.

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.