Oppenheimer & Co. Inc. Has $466,000 Stock Holdings in VanEck Oil Services ETF (NYSEARCA:OIH)

Oppenheimer & Co. Inc. decreased its position in shares of VanEck Oil Services ETF (NYSEARCA:OIH) by 84.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,719 shares of the company’s stock after selling 9,095 shares during the period. Oppenheimer & Co. Inc.’s holdings in VanEck Oil Services ETF were worth $466,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. First Personal Financial Services acquired a new position in shares of VanEck Oil Services ETF during the third quarter worth approximately $29,000. Golden State Wealth Management LLC acquired a new position in shares of VanEck Oil Services ETF during the fourth quarter valued at about $153,000. IFP Advisors Inc lifted its stake in shares of VanEck Oil Services ETF by 39.3% in the fourth quarter. IFP Advisors Inc now owns 709 shares of the company’s stock valued at $192,000 after buying an additional 200 shares during the period. SilverOak Wealth Management LLC increased its stake in VanEck Oil Services ETF by 9.7% during the third quarter. SilverOak Wealth Management LLC now owns 738 shares of the company’s stock valued at $209,000 after acquiring an additional 65 shares during the period. Finally, National Wealth Management Group LLC increased its stake in VanEck Oil Services ETF by 8.1% during the third quarter. National Wealth Management Group LLC now owns 857 shares of the company’s stock valued at $243,000 after acquiring an additional 64 shares during the period.

VanEck Oil Services ETF Price Performance

Shares of VanEck Oil Services ETF stock opened at $255.91 on Friday. The company’s fifty day moving average price is $277.77 and its two-hundred day moving average price is $283.96. The firm has a market capitalization of $1.20 billion, a PE ratio of 10.68 and a beta of 1.74. VanEck Oil Services ETF has a 52-week low of $241.01 and a 52-week high of $353.25.

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.