Stratos Wealth Partners LTD. Reduces Stock Position in VanEck Oil Services ETF (NYSEARCA:OIH)

Stratos Wealth Partners LTD. trimmed its position in VanEck Oil Services ETF (NYSEARCA:OIH) by 52.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,635 shares of the company’s stock after selling 1,770 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in VanEck Oil Services ETF were worth $443,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. JPMorgan Chase & Co. lifted its position in VanEck Oil Services ETF by 18.2% during the third quarter. JPMorgan Chase & Co. now owns 1,003,000 shares of the company’s stock valued at $284,561,000 after purchasing an additional 154,738 shares during the period. Tidal Investments LLC purchased a new position in shares of VanEck Oil Services ETF during the 3rd quarter valued at about $312,000. Mraz Amerine & Associates Inc. lifted its holdings in shares of VanEck Oil Services ETF by 8.2% in the 3rd quarter. Mraz Amerine & Associates Inc. now owns 6,662 shares of the company’s stock valued at $1,890,000 after buying an additional 505 shares during the period. Thrivent Financial for Lutherans boosted its stake in shares of VanEck Oil Services ETF by 1.3% in the third quarter. Thrivent Financial for Lutherans now owns 8,213 shares of the company’s stock worth $2,330,000 after buying an additional 103 shares during the last quarter. Finally, Mirador Capital Partners LP grew its holdings in VanEck Oil Services ETF by 1.6% during the fourth quarter. Mirador Capital Partners LP now owns 8,774 shares of the company’s stock worth $2,380,000 after acquiring an additional 139 shares during the period.

VanEck Oil Services ETF Trading Up 0.6 %

Shares of OIH stock opened at $285.13 on Wednesday. VanEck Oil Services ETF has a twelve month low of $257.78 and a twelve month high of $353.25. The stock has a market cap of $1.78 billion, a P/E ratio of 18.96 and a beta of 0.81. The stock has a 50 day moving average of $281.25 and a 200 day moving average of $288.90.

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.