Krilogy Financial LLC Invests $515,000 in VanEck Oil Services ETF $OIH

Krilogy Financial LLC bought a new stake in VanEck Oil Services ETF (NYSEARCA:OIH) in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 1,818 shares of the company’s stock, valued at approximately $515,000.

A number of other hedge funds have also recently added to or reduced their stakes in OIH. Janney Montgomery Scott LLC lifted its stake in VanEck Oil Services ETF by 6.0% in the second quarter. Janney Montgomery Scott LLC now owns 1,412 shares of the company’s stock valued at $325,000 after buying an additional 80 shares during the last quarter. Beacon Pointe Advisors LLC increased its holdings in shares of VanEck Oil Services ETF by 11.2% in the 2nd quarter. Beacon Pointe Advisors LLC now owns 995 shares of the company’s stock valued at $229,000 after acquiring an additional 100 shares during the period. MTM Investment Management LLC purchased a new stake in VanEck Oil Services ETF in the 2nd quarter valued at $27,000. Signature Estate & Investment Advisors LLC boosted its stake in VanEck Oil Services ETF by 12.9% during the 2nd quarter. Signature Estate & Investment Advisors LLC now owns 1,568 shares of the company’s stock worth $361,000 after purchasing an additional 179 shares during the period. Finally, Qube Research & Technologies Ltd acquired a new stake in VanEck Oil Services ETF during the 2nd quarter worth $53,000. Hedge funds and other institutional investors own 94.50% of the company’s stock.

VanEck Oil Services ETF Stock Performance

Shares of OIH opened at $381.32 on Friday. VanEck Oil Services ETF has a fifty-two week low of $191.21 and a fifty-two week high of $385.18. The firm has a 50-day simple moving average of $321.20 and a 200-day simple moving average of $283.90. The company has a market capitalization of $2.27 billion, a price-to-earnings ratio of 10.97 and a beta of 1.16.

VanEck Oil Services ETF News Roundup

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

• Positive Sentiment: U.S. Treasury issued general licences allowing major oil companies (including Chevron and European rivals) to resume operations and new energy investments in Venezuela — a near-term catalyst for drilling, maintenance and infrastructure spending in a country with large undeveloped fields. US allows oil majors to resume Venezuela operations
• Positive Sentiment: President Trump greenlit expanded oil-and-gas investments in Venezuela via new licences, reinforcing the policy signal that U.S. firms can increase activity there — supportive for service contractors and equipment providers in OIH. Trump Greenlights More Oil-and-Gas Investments in Venezuela
• Positive Sentiment: The U.S. also issued a licence for India’s Reliance to buy Venezuelan oil directly, signaling broader commercial reopening that could increase export flows and spending on logistics and services. India’s Reliance wins US licence for Venezuelan oil
• Positive Sentiment: Heightened U.S.–Iran tensions and reports that a second U.S. carrier is headed to the Middle East have lifted geopolitical risk premia — supportive for near-term oil prices and for oil-services utilization in volatility scenarios. Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds From Session Lows As Trump Puts More Pressure On Iran
• Neutral Sentiment: Operational disruptions such as a halted Russian Volgograd refinery after a drone attack and Serbia’s NIS seeking waivers are market noise that can create localized short-term support for services but are unlikely to change global demand dynamics materially. Russia’s Volgograd oil refinery halts processing after drone attack Serbia’s NIS seeks new sanctions waiver
• Negative Sentiment: IEA and market reports warn of a large supply surplus (IEA cites rebounds and a potential multi-million bpd surplus) and big inventory builds, which have pressured crude and weigh on long-term demand for drilling and completion activity. Record 3.7M bpd surplus sparks selloff Oil set for weekly drop as Iran risks recede, oversupply concerns
• Negative Sentiment: Short-term price pressure from weak demand signals and rising inventories has led to WTI weakness in some sessions, a headwind for oilfield services dayrates and equipment utilization if sustained. WTI Futures Sink as Supply Worries Challenge Crude Oil Outlook

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.