Symmetry Investments LP Increases Stock Position in VanEck Oil Services ETF (NYSEARCA:OIH)

Symmetry Investments LP grew its position in shares of VanEck Oil Services ETF (NYSEARCA:OIH) by 5.6% in the second quarter, HoldingsChannel reports. The firm owned 9,500 shares of the company’s stock after buying an additional 500 shares during the quarter. Symmetry Investments LP’s holdings in VanEck Oil Services ETF were worth $3,004,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Beacon Pointe Advisors LLC grew its holdings in shares of VanEck Oil Services ETF by 14.4% in the fourth quarter. Beacon Pointe Advisors LLC now owns 872 shares of the company’s stock valued at $270,000 after purchasing an additional 110 shares in the last quarter. Corient Private Wealth LLC bought a new position in VanEck Oil Services ETF during the fourth quarter valued at $566,000. Advisory Services Network LLC purchased a new position in shares of VanEck Oil Services ETF in the 4th quarter worth $799,000. Focus Financial Network Inc. ADV bought a new stake in shares of VanEck Oil Services ETF in the 4th quarter worth about $494,000. Finally, Solidarity Wealth LLC raised its position in shares of VanEck Oil Services ETF by 5.7% during the 4th quarter. Solidarity Wealth LLC now owns 9,858 shares of the company’s stock valued at $3,051,000 after buying an additional 531 shares in the last quarter.

VanEck Oil Services ETF Trading Down 0.0 %

Shares of NYSEARCA:OIH opened at $290.89 on Friday. The company has a 50-day moving average price of $301.89 and a 200 day moving average price of $313.58. VanEck Oil Services ETF has a 12 month low of $262.18 and a 12 month high of $359.55. The company has a market cap of $1.82 billion, a price-to-earnings ratio of 18.96 and a beta of 0.81.

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.