B. Riley Wealth Advisors Inc. Buys 549 Shares of VanEck Oil Services ETF (NYSEARCA:OIH)

B. Riley Wealth Advisors Inc. increased its stake in VanEck Oil Services ETF (NYSEARCA:OIH) by 1.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 34,428 shares of the company’s stock after buying an additional 549 shares during the period. B. Riley Wealth Advisors Inc. owned 0.55% of VanEck Oil Services ETF worth $10,885,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Kingswood Wealth Advisors LLC raised its stake in shares of VanEck Oil Services ETF by 3.8% during the first quarter. Kingswood Wealth Advisors LLC now owns 1,512 shares of the company’s stock valued at $509,000 after acquiring an additional 55 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of VanEck Oil Services ETF by 3.7% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 1,618 shares of the company’s stock worth $512,000 after buying an additional 58 shares during the period. Mayfair Advisory Group LLC grew its position in shares of VanEck Oil Services ETF by 7.2% during the 1st quarter. Mayfair Advisory Group LLC now owns 974 shares of the company’s stock worth $328,000 after buying an additional 65 shares in the last quarter. KRS Capital Management LLC increased its stake in shares of VanEck Oil Services ETF by 6.4% during the second quarter. KRS Capital Management LLC now owns 1,165 shares of the company’s stock valued at $368,000 after buying an additional 70 shares during the period. Finally, Ashton Thomas Private Wealth LLC raised its holdings in shares of VanEck Oil Services ETF by 7.8% in the second quarter. Ashton Thomas Private Wealth LLC now owns 1,530 shares of the company’s stock valued at $484,000 after acquiring an additional 111 shares in the last quarter.

VanEck Oil Services ETF Price Performance

NYSEARCA:OIH opened at $282.98 on Monday. The firm has a market cap of $1.77 billion, a PE ratio of 18.96 and a beta of 0.81. The company has a 50-day moving average of $297.34 and a 200 day moving average of $312.81. VanEck Oil Services ETF has a 1-year low of $262.18 and a 1-year high of $359.33.

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.