Boston Financial Mangement LLC Acquires Shares of 3,275 VanEck Oil Services ETF (NYSEARCA:OIH)

Posted by Patrick Bannon on Feb 21st, 2025

Boston Financial Mangement LLC bought a new stake in VanEck Oil Services ETF (NYSEARCA:OIH – Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 3,275 shares of the company’s stock, valued at approximately $888,000. Boston Financial Mangement LLC owned 0.05% of VanEck Oil Services ETF as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of OIH. Citigroup Inc. grew its position in shares of VanEck Oil Services ETF by 1,946.8% in the third quarter. Citigroup Inc. now owns 288,356 shares of the company’s stock valued at $81,809,000 after purchasing an additional 274,268 shares during the period. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in shares of VanEck Oil Services ETF in the fourth quarter valued at about $47,194,000. JPMorgan Chase & Co. grew its position in shares of VanEck Oil Services ETF by 18.2% in the third quarter. JPMorgan Chase & Co. now owns 1,003,000 shares of the company’s stock valued at $284,561,000 after purchasing an additional 154,738 shares during the period. Healthcare of Ontario Pension Plan Trust Fund grew its position in shares of VanEck Oil Services ETF by 154.0% in the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 127,000 shares of the company’s stock valued at $36,031,000 after purchasing an additional 77,000 shares during the period. Finally, Floyd Financial Group LLC acquired a new stake in shares of VanEck Oil Services ETF in the fourth quarter valued at about $5,925,000.

VanEck Oil Services ETF Trading Up 0.3 %

OIH opened at $281.10 on Friday. The firm has a market capitalization of $1.76 billion, a PE ratio of 18.96 and a beta of 0.81. VanEck Oil Services ETF has a twelve month low of $257.78 and a twelve month high of $353.25. The firm’s 50-day moving average price is $279.70 and its 200 day moving average price is $286.90.

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.