Cetera Investment Advisers Raises Stock Position in VanEck Oil Services ETF (NYSEARCA:OIH)

Cetera Investment Advisers lifted its holdings in shares of VanEck Oil Services ETF (NYSEARCA:OIHFree Report) by 13,939.1% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 107,680 shares of the company’s stock after purchasing an additional 106,913 shares during the quarter. Cetera Investment Advisers owned about 1.72% of VanEck Oil Services ETF worth $36,216,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the business. KRS Capital Management LLC acquired a new stake in VanEck Oil Services ETF in the fourth quarter valued at approximately $258,000. International Assets Investment Management LLC purchased a new position in shares of VanEck Oil Services ETF during the fourth quarter worth approximately $13,125,000. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of VanEck Oil Services ETF during the fourth quarter worth approximately $3,637,000. Zweig DiMenna Associates LLC purchased a new position in shares of VanEck Oil Services ETF during the fourth quarter worth approximately $2,136,000. Finally, Bleakley Financial Group LLC purchased a new position in VanEck Oil Services ETF in the 4th quarter valued at $308,000.

VanEck Oil Services ETF Price Performance

NYSEARCA:OIH opened at $306.88 on Friday. The firm’s fifty day moving average price is $314.97 and its 200 day moving average price is $314.76. VanEck Oil Services ETF has a 1-year low of $278.63 and a 1-year high of $364.08. The firm has a market cap of $1.92 billion, a price-to-earnings ratio of 18.96 and a beta of 0.81.

VanEck Oil Services ETF 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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