Healthcare of Ontario Pension Plan Trust Fund Has $31.53 Million Stake in VanEck Oil Services ETF $OIH

Healthcare of Ontario Pension Plan Trust Fund lowered its position in shares of VanEck Oil Services ETF (NYSEARCA:OIH) by 87.2% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 78,000 shares of the company’s stock after selling 531,000 shares during the period. Healthcare of Ontario Pension Plan Trust Fund owned about 1.39% of VanEck Oil Services ETF worth $31,528,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. SBI Securities Co. Ltd. boosted its stake in shares of VanEck Oil Services ETF by 66.0% during the fourth quarter. SBI Securities Co. Ltd. now owns 88 shares of the company’s stock valued at $25,000 after purchasing an additional 35 shares in the last quarter. Janney Montgomery Scott LLC increased its stake in shares of VanEck Oil Services ETF by 1.6% in the fourth quarter. Janney Montgomery Scott LLC now owns 2,257 shares of the company’s stock valued at $643,000 after buying an additional 36 shares during the period. Titleist Asset Management LLC increased its stake in shares of VanEck Oil Services ETF by 5.0% in the fourth quarter. Titleist Asset Management LLC now owns 1,355 shares of the company’s stock valued at $386,000 after buying an additional 65 shares during the period. Advisors Preferred LLC bought a new position in VanEck Oil Services ETF in the 1st quarter valued at approximately $31,000. Finally, Lee Danner & Bass Inc. raised its holdings in VanEck Oil Services ETF by 1.1% in the 1st quarter. Lee Danner & Bass Inc. now owns 8,453 shares of the company’s stock valued at $3,417,000 after buying an additional 90 shares during the last quarter. Institutional investors and hedge funds own 94.50% of the company’s stock.

Key VanEck Oil Services ETF News

Here are the key news stories impacting VanEck Oil Services ETF this week:

• Positive Sentiment: Oil prices surged on Middle East conflict, tanker attacks, and fears of supply disruption, which is favorable for oil services demand and drilling activity. Oil prices rise to six-week high as US-Iran tensions escalate
• Positive Sentiment: Physical crude cargo prices jumped to two-month highs, with some nearing $110 a barrel, underscoring tight supply conditions that can lift energy-services sentiment. Physical oil prices jump with some nearing $110 as Iran, Ukraine wars hit supply
• Positive Sentiment: Energy ETFs were in focus as investors looked for beneficiaries of the crude rally, reinforcing the bullish setup for the oil-services segment. Hormuz Tensions Deepen: Energy ETFs in Focus
• Neutral Sentiment: Oil did pull back later in the session as traders took profits and hopes for renewed U.S.-Iran talks eased some of the panic buying, which could cap near-term upside for energy equities. Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats 4% On Profit-Taking
• Neutral Sentiment: Some market coverage noted oil stabilizing or easing after earlier spikes, suggesting volatility remains high rather than a one-way move for OIH. U.S. Stocks Stabilize as Oil Retreats on Peace Talk Hopes
• Negative Sentiment: If peace talks or de-escalation reduce crude prices further, that could take some steam out of the oil-services trade after the recent run-up. Oil Prices Fall Below $100 but U.S., Iran Tensions Mount

VanEck Oil Services ETF Price Performance

OIH opened at $391.66 on Monday. VanEck Oil Services ETF has a fifty-two week low of $231.82 and a fifty-two week high of $459.28. The company’s 50 day moving average price is $401.23 and its two-hundred day moving average price is $390.90. The firm has a market capitalization of $2.10 billion, a price-to-earnings ratio of 10.97 and a beta of 0.87.

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.