Vontobel Holding Ltd. Purchases New Position in VanEck Oil Services ETF $OIH

Vontobel Holding Ltd. acquired a new position in shares of VanEck Oil Services ETF (NYSEARCA:OIH) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm acquired 2,193 shares of the company’s stock, valued at approximately $570,000. Vontobel Holding Ltd. owned 0.06% of VanEck Oil Services ETF as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Gendell Jeffrey L raised its holdings in shares of VanEck Oil Services ETF by 34.8% in the second quarter. Gendell Jeffrey L now owns 135,197 shares of the company’s stock valued at $31,135,000 after acquiring an additional 34,880 shares in the last quarter. Royal Bank of Canada lifted its position in shares of VanEck Oil Services ETF by 13.2% in the 1st quarter. Royal Bank of Canada now owns 86,776 shares of the company’s stock worth $22,747,000 after purchasing an additional 10,093 shares during the period. Quadrature Capital Ltd boosted its stake in shares of VanEck Oil Services ETF by 832.2% during the second quarter. Quadrature Capital Ltd now owns 79,947 shares of the company’s stock valued at $18,402,000 after purchasing an additional 71,371 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in VanEck Oil Services ETF by 45.3% during the second quarter. JPMorgan Chase & Co. now owns 48,866 shares of the company’s stock valued at $11,253,000 after buying an additional 15,230 shares during the period. Finally, Zuckerman Investment Group LLC raised its stake in VanEck Oil Services ETF by 4.3% in the second quarter. Zuckerman Investment Group LLC now owns 47,422 shares of the company’s stock worth $10,921,000 after buying an additional 1,969 shares in the last quarter. 94.50% of the stock is currently owned by hedge funds and other institutional investors.

VanEck Oil Services ETF Trading Down 0.5%

Shares of NYSEARCA:OIH opened at $281.52 on Monday. The company has a market capitalization of $1.11 billion, a PE ratio of 10.97 and a beta of 1.16. VanEck Oil Services ETF has a 12-month low of $191.21 and a 12-month high of $311.49. The business’s fifty day simple moving average is $286.42 and its 200-day simple moving average is $261.52.

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.