Ted Buchan & Co Lowers Stock Holdings in VanEck Oil Services ETF (NYSEARCA:OIH)

Ted Buchan & Co lowered its position in VanEck Oil Services ETF (NYSEARCA:OIH) by 53.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 1,517 shares of the company’s stock after selling 1,725 shares during the period. Ted Buchan & Co’s holdings in VanEck Oil Services ETF were worth $411,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. IHT Wealth Management LLC grew its position in shares of VanEck Oil Services ETF by 95.4% during the third quarter. IHT Wealth Management LLC now owns 1,327 shares of the company’s stock worth $381,000 after purchasing an additional 648 shares in the last quarter. Kovitz Investment Group Partners LLC bought a new position in VanEck Oil Services ETF in the 3rd quarter worth approximately $312,000. Savoie Capital LLC purchased a new stake in VanEck Oil Services ETF during the 3rd quarter valued at approximately $5,617,000. Tidal Investments LLC bought a new stake in shares of VanEck Oil Services ETF during the third quarter valued at approximately $312,000. Finally, JPMorgan Chase & Co. lifted its holdings 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 worth $284,561,000 after buying an additional 154,738 shares in the last quarter.

VanEck Oil Services ETF Stock Performance

OIH opened at $207.77 on Friday. The stock has a market capitalization of $986.91 million, a price-to-earnings ratio of 12.26 and a beta of 1.35. The company has a fifty day moving average of $265.95 and a 200 day moving average of $279.59. VanEck Oil Services ETF has a fifty-two week low of $204.54 and a fifty-two week high of $353.25.

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.