Rockland Trust Co. Has $1.28 Million Stock Position in VanEck Oil Services ETF (NYSEARCA:OIH)

Rockland Trust Co. raised its position in VanEck Oil Services ETF (NYSEARCA:OIH) by 4.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,699 shares of the company’s stock after buying an additional 220 shares during the period. Rockland Trust Co.’s holdings in VanEck Oil Services ETF were worth $1,275,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in OIH. First Personal Financial Services acquired a new position in shares of VanEck Oil Services ETF in the 3rd quarter worth approximately $29,000. NBC Securities Inc. boosted its stake in VanEck Oil Services ETF by 100.0% in the third quarter. NBC Securities Inc. now owns 150 shares of the company’s stock worth $42,000 after purchasing an additional 75 shares in the last quarter. SilverOak Wealth Management LLC grew its holdings in shares of VanEck Oil Services ETF by 9.7% during the third quarter. SilverOak Wealth Management LLC now owns 738 shares of the company’s stock worth $209,000 after purchasing an additional 65 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in shares of VanEck Oil Services ETF during the second quarter worth $223,000. Finally, National Wealth Management Group LLC increased its stake in shares of VanEck Oil Services ETF by 8.1% in the third 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 in the last quarter.

VanEck Oil Services ETF Stock Up 0.9 %

Shares of NYSEARCA OIH opened at $287.23 on Wednesday. VanEck Oil Services ETF has a 12-month low of $257.78 and a 12-month high of $353.25. The firm’s 50-day simple moving average is $286.64 and its 200 day simple moving average is $293.43. The company has a market cap of $1.80 billion, a price-to-earnings ratio of 18.96 and a beta of 0.81.

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.