SBI Securities Co. Ltd. Makes New $27,000 Investment in VanEck Oil Services ETF (NYSEARCA:OIH)

SBI Securities Co. Ltd. bought a new position in shares of VanEck Oil Services ETF (NYSEARCA:OIH) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 100 shares of the company’s stock, valued at approximately $27,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. grew its stake in shares of VanEck Oil Services ETF by 18.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,003,000 shares of the company’s stock worth $284,561,000 after buying an additional 154,738 shares during the last quarter. Citigroup Inc. grew its stake in shares of VanEck Oil Services ETF by 1,946.8% in the 3rd quarter. Citigroup Inc. now owns 288,356 shares of the company’s stock worth $81,809,000 after buying an additional 274,268 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. purchased a new stake in shares of VanEck Oil Services ETF in the 4th quarter worth approximately $47,194,000. Healthcare of Ontario Pension Plan Trust Fund grew its stake in shares of VanEck Oil Services ETF by 154.0% in the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 127,000 shares of the company’s stock worth $36,031,000 after buying an additional 77,000 shares during the last quarter. Finally, Hollow Brook Wealth Management LLC grew its stake in shares of VanEck Oil Services ETF by 4.1% in 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 last quarter.

VanEck Oil Services ETF Stock Down 1.2 %

VanEck Oil Services ETF stock opened at $246.39 on Friday. The company has a market capitalization of $1.16 billion, a P/E ratio of 10.68 and a beta of 1.74. The stock’s 50 day moving average is $275.92 and its 200 day moving average is $282.63. VanEck Oil Services ETF has a twelve month low of $241.01 and a twelve month 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.