Dumont & Blake Investment Advisors LLC Reduces Position in VanEck Oil Services ETF (NYSEARCA:OIH)

Dumont & Blake Investment Advisors LLC lowered its holdings in VanEck Oil Services ETF (NYSEARCA:OIHFree Report) by 50.3% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,466 shares of the company’s stock after selling 2,495 shares during the period. Dumont & Blake Investment Advisors LLC’s holdings in VanEck Oil Services ETF were worth $700,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. NBC Securities Inc. raised its stake in shares of VanEck Oil Services ETF by 100.0% in the 3rd quarter. NBC Securities Inc. now owns 150 shares of the company’s stock valued at $42,000 after purchasing an additional 75 shares in the last quarter. International Assets Investment Management LLC acquired a new stake in VanEck Oil Services ETF during the second quarter valued at approximately $57,000. Riverview Trust Co bought a new position in VanEck Oil Services ETF during the 2nd quarter worth approximately $62,000. Headlands Technologies LLC bought a new position in VanEck Oil Services ETF during the 1st quarter worth approximately $94,000. Finally, Pettinga Financial Advisors LLC acquired a new position in shares of VanEck Oil Services ETF in the 1st quarter worth approximately $214,000.

VanEck Oil Services ETF Trading Up 1.4 %

OIH stock opened at $278.77 on Friday. The stock’s 50 day simple moving average is $287.82 and its 200 day simple moving average is $306.53. VanEck Oil Services ETF has a 12-month low of $262.18 and a 12-month high of $353.25. The firm has a market cap of $1.74 billion, a P/E ratio of 18.96 and a beta of 0.81.

VanEck Oil Services ETF Company 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.

Featured Articles

Institutional Ownership by Quarter for VanEck Oil Services ETF (NYSEARCA:OIH)

Receive News & Ratings for VanEck Oil Services ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Oil Services ETF and related companies with MarketBeat.com's FREE daily email newsletter.