RPG Investment Advisory LLC Sells 119 Shares of VanEck Oil Services ETF (NYSEARCA:OIH)

RPG Investment Advisory LLC cut its stake in VanEck Oil Services ETF (NYSEARCA:OIH) by 0.3% in the fourth quarter, HoldingsChannel.com reports. The fund owned 45,866 shares of the company’s stock after selling 119 shares during the period. VanEck Oil Services ETF makes up 1.7% of RPG Investment Advisory LLC’s investment portfolio, making the stock its 22nd largest position. RPG Investment Advisory LLC’s holdings in VanEck Oil Services ETF were worth $12,440,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. JPMorgan Chase & Co. grew its position 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 valued at $284,561,000 after purchasing an additional 154,738 shares during the period. Citigroup Inc. grew its position 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 purchasing an additional 274,268 shares during the period. Harel Insurance Investments & Financial Services Ltd. acquired a new position in shares of VanEck Oil Services ETF in the 4th quarter valued at approximately $47,194,000. Healthcare of Ontario Pension Plan Trust Fund grew its position 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 valued at $36,031,000 after purchasing an additional 77,000 shares during the period. Finally, Hollow Brook Wealth Management LLC grew its position 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 valued at $6,652,000 after purchasing an additional 916 shares during the period.

VanEck Oil Services ETF Stock Performance

Shares of OIH opened at $272.83 on Monday. The stock has a 50 day simple moving average of $279.48 and a 200 day simple moving average of $286.69. VanEck Oil Services ETF has a 52-week low of $257.78 and a 52-week high of $353.25. The firm has a market capitalization of $1.71 billion, a PE ratio of 18.96 and a beta of 0.81.

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.