Market Vectors Oil Services ETF (NYSE:OIH) was the recipient of unusually large options trading activity on Monday. Stock traders acquired 9,328 put options on the stock. This represents an increase of approximately 251% compared to the typical daily volume of 2,661 put options.

Hedge funds have recently made changes to their positions in the company. Boston Research & Management Inc. boosted its holdings in shares of Market Vectors Oil Services ETF by 5.0% during the 2nd quarter. Boston Research & Management Inc. now owns 57,360 shares of the company’s stock valued at $1,421,000 after buying an additional 2,720 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Market Vectors Oil Services ETF by 50.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 3,805,191 shares of the company’s stock valued at $94,331,000 after buying an additional 1,275,480 shares in the last quarter. Spinnaker Trust boosted its holdings in shares of Market Vectors Oil Services ETF by 13.1% during the 2nd quarter. Spinnaker Trust now owns 14,497 shares of the company’s stock valued at $359,000 after buying an additional 1,684 shares in the last quarter. Verity Asset Management Inc. boosted its holdings in shares of Market Vectors Oil Services ETF by 26.1% during the 2nd quarter. Verity Asset Management Inc. now owns 42,440 shares of the company’s stock valued at $1,052,000 after buying an additional 8,794 shares in the last quarter. Finally, Quattro Financial Advisors LLC bought a new stake in shares of Market Vectors Oil Services ETF during the 2nd quarter valued at $473,000.

Market Vectors Oil Services ETF (NYSE OIH) opened at 25.67 on Thursday. Market Vectors Oil Services ETF has a 12-month low of $21.70 and a 12-month high of $36.35. The firm’s 50-day moving average is $23.79 and its 200 day moving average is $25.99.

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About Market Vectors Oil Services ETF

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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