Oppenheimer & Co. Inc. Boosts Position in VanEck Oil Services ETF (NYSEARCA:OIH)

Oppenheimer & Co. Inc. raised its position in VanEck Oil Services ETF (NYSEARCA:OIH) by 63.7% during the third quarter, Holdings Channel reports. The fund owned 10,814 shares of the company’s stock after acquiring an additional 4,207 shares during the period. Oppenheimer & Co. Inc.’s holdings in VanEck Oil Services ETF were worth $3,068,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in the company. Jane Street Group LLC grew its position in shares of VanEck Oil Services ETF by 1,219.9% during the 1st quarter. Jane Street Group LLC now owns 131,307 shares of the company’s stock valued at $44,162,000 after acquiring an additional 121,359 shares during the period. Cetera Investment Advisers grew its holdings 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 period. Gendell Jeffrey L increased its position in VanEck Oil Services ETF by 15.7% in 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 in the last quarter. Caxton Associates LP bought a new position in shares of VanEck Oil Services ETF in the first quarter worth about $10,665,000. Finally, Sollinda Capital Management LLC purchased a new position in shares of VanEck Oil Services ETF during the 3rd quarter valued at about $4,111,000.

VanEck Oil Services ETF Trading Down 1.6 %

Shares of NYSEARCA:OIH opened at $292.10 on Friday. The stock has a 50 day moving average of $285.67 and a 200 day moving average of $302.46. The company has a market cap of $1.83 billion, a PE ratio of 18.96 and a beta of 0.81. VanEck Oil Services ETF has a 12-month low of $262.18 and a 12-month high of $353.25.

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.