Stifel Financial Corp Has $2.12 Million Stake in VanEck Oil Services ETF (NYSEARCA:OIH)

Stifel Financial Corp lowered its position in VanEck Oil Services ETF (NYSEARCA:OIH) by 4.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,480 shares of the company’s stock after selling 362 shares during the quarter. Stifel Financial Corp owned approximately 0.12% of VanEck Oil Services ETF worth $2,122,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of OIH. First Personal Financial Services acquired a new position in shares of VanEck Oil Services ETF during the 3rd quarter worth approximately $29,000. NBC Securities Inc. boosted its position in VanEck Oil Services ETF by 100.0% during the third quarter. NBC Securities Inc. now owns 150 shares of the company’s stock worth $42,000 after purchasing an additional 75 shares during the period. International Assets Investment Management LLC bought a new position in VanEck Oil Services ETF during the second quarter worth $57,000. SilverOak Wealth Management LLC increased its holdings in shares of VanEck Oil Services ETF by 9.7% in the third quarter. SilverOak Wealth Management LLC now owns 738 shares of the company’s stock valued at $209,000 after purchasing an additional 65 shares during the last quarter. Finally, Sanctuary Advisors LLC bought a new position in shares of VanEck Oil Services ETF in the second quarter valued at about $223,000.

VanEck Oil Services ETF Stock Performance

NYSEARCA OIH opened at $263.91 on Friday. The stock has a market cap of $1.65 billion, a PE ratio of 18.96 and a beta of 0.81. The firm has a 50-day moving average of $289.00 and a 200-day moving average of $297.65. VanEck Oil Services ETF has a 52-week low of $262.18 and a 52-week high of $353.25.

VanEck Oil Services ETF Company 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.