Cetera Advisor Networks LLC Acquires 4,583 Shares of VanEck Oil Services ETF (NYSEARCA:OIH)

Cetera Advisor Networks LLC grew its holdings in VanEck Oil Services ETF (NYSEARCA:OIH) by 5.2% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 92,052 shares of the company’s stock after acquiring an additional 4,583 shares during the quarter. Cetera Advisor Networks LLC owned 1.47% of VanEck Oil Services ETF worth $30,960,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the business. Gendell Jeffrey L boosted its position in shares of VanEck Oil Services ETF by 15.7% during the first quarter. Gendell Jeffrey L now owns 322,103 shares of the company’s stock worth $108,333,000 after buying an additional 43,603 shares during the period. Price T Rowe Associates Inc. MD boosted its position in shares of VanEck Oil Services ETF by 6.9% during the first quarter. Price T Rowe Associates Inc. MD now owns 160,512 shares of the company’s stock worth $53,986,000 after buying an additional 10,358 shares during the period. Jane Street Group LLC boosted its position in shares of VanEck Oil Services ETF by 1,219.9% during the first quarter. Jane Street Group LLC now owns 131,307 shares of the company’s stock worth $44,162,000 after buying an additional 121,359 shares during the period. Cetera Investment Advisers boosted its position in VanEck Oil Services ETF by 13,939.1% during the first quarter. Cetera Investment Advisers now owns 107,680 shares of the company’s stock valued at $36,216,000 after purchasing an additional 106,913 shares during the last quarter. Finally, Raymond James & Associates boosted its position in VanEck Oil Services ETF by 1.6% during the first quarter. Raymond James & Associates now owns 60,529 shares of the company’s stock valued at $20,358,000 after purchasing an additional 952 shares during the last quarter.

VanEck Oil Services ETF Stock Performance

NYSEARCA OIH traded down $16.25 during trading hours on Friday, hitting $306.88. 1,024,994 shares of the company traded hands, compared to its average volume of 417,249. The business’s 50-day moving average is $314.97 and its 200-day moving average is $314.55. VanEck Oil Services ETF has a twelve month low of $278.63 and a twelve month high of $364.08. The stock has a market capitalization of $1.92 billion, a price-to-earnings ratio of 18.96 and a beta of 0.81.

About VanEck Oil Services ETF

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.