VanEck Oil Services ETF $OIH Shares Acquired by Signature Estate & Investment Advisors LLC

Signature Estate & Investment Advisors LLC lifted its holdings in shares of VanEck Oil Services ETF (NYSEARCA:OIH) by 12.9% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,568 shares of the company’s stock after purchasing an additional 179 shares during the quarter. Signature Estate & Investment Advisors LLC’s holdings in VanEck Oil Services ETF were worth $361,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. Royal Bank of Canada boosted its holdings in shares of VanEck Oil Services ETF by 13.2% during the first quarter. Royal Bank of Canada now owns 86,776 shares of the company’s stock worth $22,747,000 after purchasing an additional 10,093 shares during the last quarter. Jones Financial Companies Lllp acquired a new stake in shares of VanEck Oil Services ETF during the first quarter worth $6,741,000. Twin Tree Management LP boosted its holdings in shares of VanEck Oil Services ETF by 811.1% during the second quarter. Twin Tree Management LP now owns 23,342 shares of the company’s stock worth $5,375,000 after purchasing an additional 20,780 shares during the last quarter. Oppenheimer Asset Management Inc. acquired a new stake in shares of VanEck Oil Services ETF during the first quarter worth $5,529,000. Finally, Zweig DiMenna Associates LLC boosted its holdings in shares of VanEck Oil Services ETF by 238.5% during the first quarter. Zweig DiMenna Associates LLC now owns 13,200 shares of the company’s stock worth $3,460,000 after purchasing an additional 9,300 shares during the last quarter. Institutional investors and hedge funds own 94.50% of the company’s stock.

VanEck Oil Services ETF Stock Up 2.1%

OIH stock opened at $256.84 on Tuesday. VanEck Oil Services ETF has a 52-week low of $191.21 and a 52-week high of $311.28. The stock’s fifty day simple moving average is $253.93 and its 200-day simple moving average is $237.85. The stock has a market capitalization of $950.31 million, a price-to-earnings ratio of 10.97 and a beta of 1.99.

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.