WT Wealth Management Acquires 252 Shares of VanEck Oil Services ETF (NYSEARCA:OIH)

WT Wealth Management increased its holdings in shares of VanEck Oil Services ETF (NYSEARCA:OIH) by 3.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 7,574 shares of the company’s stock after acquiring an additional 252 shares during the quarter. WT Wealth Management owned about 0.12% of VanEck Oil Services ETF worth $2,054,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of OIH. First Personal Financial Services bought a new position in VanEck Oil Services ETF in the 3rd quarter valued at about $29,000. Golden State Wealth Management LLC bought a new position in VanEck Oil Services ETF in the 4th quarter valued at about $153,000. IFP Advisors Inc increased its holdings in VanEck Oil Services ETF by 39.3% in the 4th quarter. IFP Advisors Inc now owns 709 shares of the company’s stock valued at $192,000 after buying an additional 200 shares during the period. SilverOak Wealth Management LLC increased its holdings in VanEck Oil Services ETF by 9.7% in the 3rd quarter. SilverOak Wealth Management LLC now owns 738 shares of the company’s stock valued at $209,000 after buying an additional 65 shares during the period. Finally, National Wealth Management Group LLC increased its holdings in VanEck Oil Services ETF by 8.1% in the 3rd quarter. National Wealth Management Group LLC now owns 857 shares of the company’s stock valued at $243,000 after buying an additional 64 shares during the period.

VanEck Oil Services ETF Stock Down 1.2 %

OIH stock opened at $263.84 on Thursday. VanEck Oil Services ETF has a 12 month low of $257.78 and a 12 month high of $353.25. The firm has a market cap of $1.24 billion, a P/E ratio of 10.68 and a beta of 1.74. The company’s 50-day moving average price is $279.06 and its two-hundred day moving average price is $286.08.

VanEck Oil Services ETF Company 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.