Founders Financial Alliance LLC Sells 149 Shares of VanEck Oil Services ETF (NYSEARCA:OIH)

Founders Financial Alliance LLC cut its position in shares of VanEck Oil Services ETF (NYSEARCA:OIH) by 25.5% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 436 shares of the company’s stock after selling 149 shares during the period. Founders Financial Alliance LLC’s holdings in VanEck Oil Services ETF were worth $135,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Ancora Advisors LLC grew its stake in VanEck Oil Services ETF by 655.6% during the 3rd quarter. Ancora Advisors LLC now owns 136 shares of the company’s stock valued at $47,000 after purchasing an additional 118 shares during the last quarter. Larson Financial Group LLC grew its stake in VanEck Oil Services ETF by 118.5% during the 3rd quarter. Larson Financial Group LLC now owns 142 shares of the company’s stock valued at $49,000 after purchasing an additional 77 shares during the last quarter. Pacific Capital Wealth Advisors Inc. purchased a new stake in VanEck Oil Services ETF during the 4th quarter valued at about $110,000. Northwest Financial Advisors purchased a new stake in VanEck Oil Services ETF during the 4th quarter valued at about $138,000. Finally, Gradient Investments LLC grew its stake in VanEck Oil Services ETF by 188.1% during the 4th quarter. Gradient Investments LLC now owns 579 shares of the company’s stock valued at $179,000 after purchasing an additional 378 shares during the last quarter.

VanEck Oil Services ETF Stock Up 0.3 %

Shares of OIH stock traded up $0.84 on Friday, hitting $315.33. The company had a trading volume of 218,377 shares, compared to its average volume of 383,795. The firm has a market cap of $1.97 billion, a P/E ratio of 18.96 and a beta of 0.81. The company has a 50-day moving average price of $328.38 and a 200-day moving average price of $312.21. VanEck Oil Services ETF has a twelve month low of $246.04 and a twelve month high of $364.08.

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.