Cetera Investment Advisers boosted its holdings in VanEck Oil Services ETF (NYSEARCA:OIH – Free 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:
- Positive Sentiment: Oil prices rose after Iran said it stopped two vessels attempting to leave the Strait of Hormuz. The disruption, combined with a recent drone attack near an Egyptian port, renewed concerns about global energy supplies and supported oilfield-services stocks. Oil price rises after Iran says it stops ships in Hormuz
- Positive Sentiment: Oil rebounded from session lows as traders remained cautious about escalating regional tensions. Persistent supply-risk premiums could support crude prices and the earnings outlook for oil-service providers. Oil rebounds from session lows as traders stay cautious ahead of the weekend
- Positive Sentiment: ExxonMobil reported sharply higher earnings and Chevron posted a quarterly record as energy prices surged during the Strait of Hormuz disruption. The results reinforce the potential for elevated crude prices to support industry spending and OIH constituents. Big Oil Is Reaping Rewards From the Chaos in Energy Markets
- Neutral Sentiment: U.S. crude production fell about 2% in May from April’s record, while demand also declined. Lower output may tighten supply, but weaker demand could weigh on future drilling activity. US oil output and demand fell in May, EIA says
- Negative Sentiment: Crude prices eased as tanker traffic through Hormuz recovered to roughly 30%–35% of pre-war levels and more supplies moved through key chokepoints. Reduced disruption risk could remove some of oil’s geopolitical premium. Oil prices ease as recovering Hormuz Strait traffic tempers war premium
- Negative Sentiment: Portugal approved a 33% windfall tax on extraordinary 2026 profits for oil and refining companies. Although the measure is not directly aimed at oil-service firms, it highlights increasing policy risk for the broader energy sector. Portugal approves 33% windfall tax on oil companies’ excess profits
VanEck Oil Services ETF Stock Performance
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.
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