JPMorgan Chase & Co. Buys 154,738 Shares of VanEck Oil Services ETF (NYSEARCA:OIH)

JPMorgan Chase & Co. grew its position in shares of VanEck Oil Services ETF (NYSEARCA:OIH) by 18.2% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,003,000 shares of the company’s stock after purchasing an additional 154,738 shares during the quarter. JPMorgan Chase & Co. owned about 16.05% of VanEck Oil Services ETF worth $284,561,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of OIH. Tidal Investments LLC bought a new position in shares of VanEck Oil Services ETF in the 3rd quarter worth about $312,000. Savoie Capital LLC bought a new stake in VanEck Oil Services ETF in the third quarter worth approximately $5,617,000. Kovitz Investment Group Partners LLC acquired a new position in VanEck Oil Services ETF in the third quarter valued at approximately $312,000. IHT Wealth Management LLC boosted its holdings in shares of VanEck Oil Services ETF by 95.4% during the 3rd quarter. IHT Wealth Management LLC now owns 1,327 shares of the company’s stock worth $381,000 after buying an additional 648 shares in the last quarter. Finally, Hollow Brook Wealth Management LLC grew its position in shares of VanEck Oil Services ETF by 4.1% during the 3rd quarter. Hollow Brook Wealth Management LLC now owns 23,448 shares of the company’s stock worth $6,652,000 after buying an additional 916 shares during the period.

VanEck Oil Services ETF Stock Down 0.0 %

NYSEARCA:OIH opened at $264.94 on Monday. The firm has a market capitalization of $1.66 billion, a P/E ratio of 18.96 and a beta of 0.81. VanEck Oil Services ETF has a twelve month low of $257.78 and a twelve month high of $353.25. The company has a fifty day moving average of $286.05 and a 200-day moving average of $295.84.

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.