VanEck Oil Services ETF $OIH Shares Acquired by Spire Wealth Management

Spire Wealth Management raised its position in VanEck Oil Services ETF (NYSEARCA:OIH) by 23,025.0% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,625 shares of the company’s stock after buying an additional 4,605 shares during the period. Spire Wealth Management owned about 0.09% of VanEck Oil Services ETF worth $1,317,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. JPMorgan Chase & Co. increased its stake in shares of VanEck Oil Services ETF by 189.7% during the third quarter. JPMorgan Chase & Co. now owns 141,542 shares of the company’s stock worth $36,788,000 after purchasing an additional 92,676 shares in the last quarter. Gendell Jeffrey L grew its position in shares of VanEck Oil Services ETF by 34.8% in the second quarter. Gendell Jeffrey L now owns 135,197 shares of the company’s stock valued at $31,135,000 after purchasing an additional 34,880 shares in the last quarter. Zuckerman Investment Group LLC grew its holdings in VanEck Oil Services ETF by 4.3% in the 2nd quarter. Zuckerman Investment Group LLC now owns 47,422 shares of the company’s stock valued at $10,921,000 after buying an additional 1,969 shares in the last quarter. Pureheart Capital Pte Ltd. purchased a new stake in shares of VanEck Oil Services ETF in the third quarter valued at about $12,216,000. Finally, Quantessence Capital LLC grew its stake in shares of VanEck Oil Services ETF by 610.7% in the 3rd quarter. Quantessence Capital LLC now owns 26,729 shares of the company’s stock valued at $6,947,000 after buying an additional 22,968 shares during the period. 94.50% of the stock is currently owned by hedge funds and other institutional investors.

VanEck Oil Services ETF Stock Down 3.4%

OIH stock opened at $401.90 on Tuesday. The business has a fifty day moving average of $376.60 and a two-hundred day moving average of $315.46. The stock has a market cap of $2.39 billion, a price-to-earnings ratio of 10.97 and a beta of 1.16. VanEck Oil Services ETF has a 52-week low of $191.21 and a 52-week high of $423.85.

Key Stories Impacting VanEck Oil Services ETF

Here are the key news stories impacting VanEck Oil Services ETF this week:

• Positive Sentiment: Short interest in OIH declined sharply, reducing one source of downward pressure and removing some forced short-covering risk that can amplify sell-offs. VanEck Oil Services ETF (NYSEARCA:OIH) Sees Large Drop in Short Interest
• Positive Sentiment: WTI/Brent have surged above the $100 mark on fears the Iran war will widen, supporting higher dayrates and drilling activity that benefit oil-services firms held in OIH. Oil surges 3% as Iran war escalates with Yemen’s Houthis entering the Mideast conflict
• Positive Sentiment: Sector operational resilience: ADES, a major regional driller, beat profit forecasts and maintained growth guidance despite war-related disruptions — a sign that oil services can sustain activity even amid volatility. Saudi oil driller ADES beats profit expectations, keeps growth forecast despite Iran war
• Neutral Sentiment: Fed commentary is mixed: Chair Powell said the Fed can “look past” an energy shock but warned patience has limits — this tempers enthusiasm that higher oil automatically translates into a sustained equity rally for cyclicals. Powell Says Fed Can Look Past Oil Shock, but Warns Patience Has Limits
• Neutral Sentiment: Equity-market reaction is mixed: oil gains are creating sector rotation and intraday volatility (S&P/Dow up, Nasdaq down), producing uneven flows into ETFs like OIH. Nasdaq Index and S&P500: Mixed US Indices as Oil Spike Offsets Trump Optimism
• Negative Sentiment: Escalating geopolitics raise the risk of sustained supply shocks that could push oil much higher, but also trigger demand destruction, policy responses (driving curbs) and recession fears — a scenario that could ultimately hurt oil-services capex and OIH performance. Egypt says only Trump can stop war, warns oil could top $200

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.