VanEck Oil Services ETF (NYSEARCA:OIH) Shares Sold by Captrust Financial Advisors

Captrust Financial Advisors cut its stake in shares of VanEck Oil Services ETF (NYSEARCA:OIH) by 6.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,152 shares of the company’s stock after selling 76 shares during the quarter. Captrust Financial Advisors’ holdings in VanEck Oil Services ETF were worth $327,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Citigroup Inc. lifted its holdings 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 valued at $81,809,000 after buying an additional 274,268 shares during the period. Healthcare of Ontario Pension Plan Trust Fund lifted its holdings in VanEck Oil Services ETF by 154.0% in the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 127,000 shares of the company’s stock valued at $36,031,000 after acquiring an additional 77,000 shares during the period. Sollinda Capital Management LLC purchased a new stake in shares of VanEck Oil Services ETF during the 3rd quarter worth $4,111,000. Zweig DiMenna Associates LLC acquired a new position in shares of VanEck Oil Services ETF during the 3rd quarter worth $2,298,000. Finally, Lee Danner & Bass Inc. purchased a new position in shares of VanEck Oil Services ETF in the 2nd quarter valued at about $2,489,000.

VanEck Oil Services ETF Stock Performance

OIH opened at $283.89 on Friday. The company has a market cap of $1.77 billion, a price-to-earnings ratio of 18.96 and a beta of 0.81. VanEck Oil Services ETF has a one year low of $262.18 and a one year high of $353.25. The business’s fifty day moving average is $290.92 and its two-hundred day moving average is $298.93.

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.