VanEck Oil Services ETF (NYSEARCA:OIH) Stake Reduced by Audent Global Asset Management LLC

Audent Global Asset Management LLC reduced its stake in shares of VanEck Oil Services ETF (NYSEARCA:OIHGet Rating) by 79.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 658 shares of the company’s stock after selling 2,502 shares during the quarter. Audent Global Asset Management LLC’s holdings in VanEck Oil Services ETF were worth $200,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in OIH. PNC Financial Services Group Inc. grew its stake in shares of VanEck Oil Services ETF by 535.7% in the first quarter. PNC Financial Services Group Inc. now owns 89 shares of the company’s stock worth $25,000 after purchasing an additional 75 shares in the last quarter. Allworth Financial LP bought a new position in shares of VanEck Oil Services ETF in the fourth quarter worth $30,000. EverSource Wealth Advisors LLC bought a new position in shares of VanEck Oil Services ETF in the fourth quarter worth $50,000. Worth Asset Management LLC grew its stake in shares of VanEck Oil Services ETF by 457.1% in the fourth quarter. Worth Asset Management LLC now owns 195 shares of the company’s stock worth $59,000 after purchasing an additional 160 shares in the last quarter. Finally, VitalStone Financial LLC bought a new position in shares of VanEck Oil Services ETF in the fourth quarter worth $70,000.

VanEck Oil Services ETF Stock Performance

NYSEARCA:OIH opened at $275.35 on Wednesday. VanEck Oil Services ETF has a 1 year low of $195.77 and a 1 year high of $336.30. The stock has a market cap of $2.18 billion, a price-to-earnings ratio of 19.88 and a beta of 1.99. The business has a fifty day moving average of $269.32 and a 200-day moving average of $290.87.

VanEck Oil Services ETF Profile

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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.

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Institutional Ownership by Quarter for VanEck Oil Services ETF (NYSEARCA:OIH)

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