Cetera Investment Advisers Increases Stock Position in VanEck Oil Services ETF $OIH

Cetera Investment Advisers boosted its holdings in VanEck Oil Services ETF (NYSEARCA:OIHFree Report) by 67.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,094 shares of the company’s stock after acquiring an additional 8,488 shares during the quarter. Cetera Investment Advisers’ holdings in VanEck Oil Services ETF were worth $8,527,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in OIH. Employees Provident Fund Board bought a new stake in shares of VanEck Oil Services ETF in the 4th quarter worth $69,336,000. Gendell Jeffrey L lifted its holdings in shares of VanEck Oil Services ETF by 79.9% during the fourth quarter. Gendell Jeffrey L now owns 146,532 shares of the company’s stock valued at $41,728,000 after purchasing an additional 65,084 shares in the last quarter. Red Cedar Investment Management LLC bought a new position in shares of VanEck Oil Services ETF during the fourth quarter valued at $15,506,000. Graham Capital Management L.P. bought a new position in shares of VanEck Oil Services ETF during the fourth quarter valued at $13,669,000. Finally, Pureheart Capital Pte Ltd. purchased a new stake in shares of VanEck Oil Services ETF during the third quarter valued at $12,216,000. 94.50% of the stock is currently owned by hedge funds and other institutional investors.

Key VanEck Oil Services ETF News

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

VanEck Oil Services ETF Stock Performance

NYSEARCA OIH opened at $384.81 on Friday. VanEck Oil Services ETF has a one year low of $231.82 and a one year high of $459.28. The stock has a 50-day moving average of $394.05 and a 200 day moving average of $392.62. The company has a market capitalization of $1.98 billion, a price-to-earnings ratio of 10.97 and a beta of 0.87.

VanEck Oil Services ETF Company Profile

(Free Report)

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.

Featured Stories

Want to see what other hedge funds are holding OIH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Oil Services ETF (NYSEARCA:OIHFree Report).

Institutional Ownership by Quarter for VanEck Oil Services ETF (NYSEARCA:OIH)

Receive News & Ratings for VanEck Oil Services ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Oil Services ETF and related companies with MarketBeat.com's FREE daily email newsletter.