VanEck Oil Services ETF (NYSEARCA:OIH) Shares Sold by Level Four Advisory Services LLC

Level Four Advisory Services LLC lessened its holdings in VanEck Oil Services ETF (NYSEARCA:OIH) by 11.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 985 shares of the company’s stock after selling 125 shares during the quarter. Level Four Advisory Services LLC’s holdings in VanEck Oil Services ETF were worth $305,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Clal Insurance Enterprises Holdings Ltd purchased a new position in shares of VanEck Oil Services ETF in the third quarter worth about $44,855,000. Gendell Jeffrey L purchased a new position in shares of VanEck Oil Services ETF in the third quarter worth about $19,840,000. International Assets Investment Management LLC purchased a new position in shares of VanEck Oil Services ETF in the fourth quarter worth about $13,125,000. Financial Advocates Investment Management purchased a new position in shares of VanEck Oil Services ETF in the fourth quarter worth about $7,341,000. Finally, J.P. Morgan Private Wealth Advisors LLC raised its stake in shares of VanEck Oil Services ETF by 151.4% in the third quarter. J.P. Morgan Private Wealth Advisors LLC now owns 34,922 shares of the company’s stock worth $12,049,000 after purchasing an additional 21,032 shares during the last quarter.

VanEck Oil Services ETF Trading Down 3.6 %

Shares of OIH stock opened at $317.13 on Thursday. The stock has a 50 day moving average of $328.70 and a 200 day moving average of $312.32. The stock has a market cap of $1.98 billion, a P/E ratio of 18.96 and a beta of 0.81. VanEck Oil Services ETF has a twelve month low of $246.04 and a twelve month high of $364.08.

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.