Market Vectors Oil Services ETF (NYSE:OIH) saw some unusual options trading activity on Tuesday. Stock traders acquired 12,032 call options on the company. This is an increase of approximately 250% compared to the typical volume of 3,439 call options.

Hedge funds have recently added to or reduced their stakes in the company. Wharton Business Group LLC acquired a new stake in shares of Market Vectors Oil Services ETF in the 2nd quarter worth $105,000. Captrust Financial Advisors acquired a new stake in shares of Market Vectors Oil Services ETF in the 2nd quarter worth $106,000. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in shares of Market Vectors Oil Services ETF in the 2nd quarter worth $112,000. Carnegie Capital Asset Management LLC acquired a new stake in shares of Market Vectors Oil Services ETF in the 2nd quarter worth $206,000. Finally, Alpine Global Management LLC acquired a new stake in shares of Market Vectors Oil Services ETF in the 2nd quarter worth $241,000.

Market Vectors Oil Services ETF (OIH) opened at 23.48 on Friday. The firm has a 50-day moving average of $23.32 and a 200-day moving average of $26.87. Market Vectors Oil Services ETF has a 12-month low of $21.70 and a 12-month high of $36.35.

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Market Vectors Oil Services ETF Company Profile

Market Vectors Oil Services ETF (the Fund) is a non-diversified investment company. The Fund seeks to replicate the price and yield performance of the Market Vectors United States Listed Oil Services 25 Index (MVOIHTR). The Index is a rules-based index intended to track the overall performance of 25 of the United States listed publicly traded oil services companies.

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