Sumitomo Mitsui Trust Holdings Inc. lowered its position in shares of VanEck Oil Services ETF (NYSEARCA:OIH – Free Report) by 22.6% during the fourth quarter, Holdings Channel reports. The fund owned 650 shares of the company’s stock after selling 190 shares during the quarter. Sumitomo Mitsui Trust Holdings Inc.’s holdings in VanEck Oil Services ETF were worth $201,000 at the end of the most recent quarter.
A number of other hedge funds have also recently bought and sold shares of the company. Clal Insurance Enterprises Holdings Ltd acquired a new position in shares of VanEck Oil Services ETF in the 3rd quarter valued at $44,855,000. Gendell Jeffrey L acquired a new position in shares of VanEck Oil Services ETF in the 3rd quarter valued at $19,840,000. International Assets Investment Management LLC acquired a new position in shares of VanEck Oil Services ETF in the 4th quarter valued at $13,125,000. J.P. Morgan Private Wealth Advisors LLC boosted its holdings in shares of VanEck Oil Services ETF by 151.4% in the 3rd quarter. J.P. Morgan Private Wealth Advisors LLC now owns 34,922 shares of the company’s stock valued at $12,049,000 after purchasing an additional 21,032 shares during the last quarter. Finally, LPL Financial LLC boosted its holdings in shares of VanEck Oil Services ETF by 24.0% in the 3rd quarter. LPL Financial LLC now owns 106,298 shares of the company’s stock valued at $36,677,000 after purchasing an additional 20,588 shares during the last quarter.
VanEck Oil Services ETF Stock Down 0.1 %
Shares of OIH opened at $325.95 on Friday. The firm has a market cap of $2.17 billion, a PE ratio of 20.26 and a beta of 0.86. The company’s fifty day moving average is $322.47 and its two-hundred day moving average is $314.48. VanEck Oil Services ETF has a fifty-two week low of $246.04 and a fifty-two week 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.
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Want to see what other hedge funds are holding OIH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Oil Services ETF (NYSEARCA:OIH – Free Report).
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