J.W. Cole Advisors Inc. Sells 290 Shares of VanEck Oil Services ETF (NYSEARCA:OIH)

J.W. Cole Advisors Inc. cut its stake in shares of VanEck Oil Services ETF (NYSEARCA:OIH) by 14.6% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,694 shares of the company’s stock after selling 290 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in VanEck Oil Services ETF were worth $536,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in OIH. Kingswood Wealth Advisors LLC lifted its holdings in VanEck Oil Services ETF by 3.8% during the 1st quarter. Kingswood Wealth Advisors LLC now owns 1,512 shares of the company’s stock valued at $509,000 after purchasing an additional 55 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in VanEck Oil Services ETF by 3.7% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 1,618 shares of the company’s stock valued at $512,000 after purchasing an additional 58 shares in the last quarter. Mayfair Advisory Group LLC raised its position in VanEck Oil Services ETF by 7.2% in the 1st quarter. Mayfair Advisory Group LLC now owns 974 shares of the company’s stock valued at $328,000 after purchasing an additional 65 shares during the last quarter. KRS Capital Management LLC boosted its stake in VanEck Oil Services ETF by 6.4% in the second quarter. KRS Capital Management LLC now owns 1,165 shares of the company’s stock worth $368,000 after purchasing an additional 70 shares in the last quarter. Finally, Beacon Pointe Advisors LLC grew its holdings in shares of VanEck Oil Services ETF by 14.4% during the fourth quarter. Beacon Pointe Advisors LLC now owns 872 shares of the company’s stock worth $270,000 after purchasing an additional 110 shares during the last quarter.

VanEck Oil Services ETF Stock Up 3.2 %

Shares of NYSEARCA:OIH opened at $285.93 on Wednesday. VanEck Oil Services ETF has a 12 month low of $262.18 and a 12 month high of $363.21. The company’s 50-day moving average price is $303.38 and its two-hundred day moving average price is $314.02. The firm has a market cap of $1.79 billion, a P/E ratio of 18.96 and a beta of 0.81.

About VanEck Oil Services ETF

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.