Zweig DiMenna Associates LLC Decreases Stake in VanEck Oil Services ETF $OIH

Zweig DiMenna Associates LLC cut its holdings in shares of VanEck Oil Services ETF (NYSEARCA:OIH) by 70.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,200 shares of the company’s stock after selling 2,800 shares during the period. Zweig DiMenna Associates LLC’s holdings in VanEck Oil Services ETF were worth $312,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Founders Financial Alliance LLC purchased a new position in VanEck Oil Services ETF in the third quarter valued at about $33,000. JPMorgan Chase & Co. increased its holdings in VanEck Oil Services ETF by 189.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 141,542 shares of the company’s stock worth $36,788,000 after purchasing an additional 92,676 shares during the last quarter. Lyell Wealth Management LP raised its position in shares of VanEck Oil Services ETF by 6.5% in the 3rd quarter. Lyell Wealth Management LP now owns 1,369 shares of the company’s stock valued at $356,000 after purchasing an additional 83 shares in the last quarter. Mraz Amerine & Associates Inc. grew its position in shares of VanEck Oil Services ETF by 13.9% during the third quarter. Mraz Amerine & Associates Inc. now owns 9,802 shares of the company’s stock worth $2,548,000 after buying an additional 1,197 shares in the last quarter. Finally, Krilogy Financial LLC acquired a new stake in shares of VanEck Oil Services ETF during the third quarter worth approximately $515,000. Institutional investors and hedge funds own 94.50% of the company’s stock.

VanEck Oil Services ETF News Roundup

Here are the key news stories impacting VanEck Oil Services ETF this week:

• Positive Sentiment: Heightened supply-risk backdrop after Iran conducted naval drills near the Strait of Hormuz, keeping crude volatility and drill/transport demand prospects elevated — a tailwind for oil-services companies. Oil steady as traders weigh supply risks heading into key US-Iran talks
• Positive Sentiment: Physical pipeline disruption risks in Europe after Russian flows via Ukraine were halted have prompted requests for rerouting help — such interruptions support near-term oil-service activity (transport, storage, contingency work). Hungary asks Croatia for help after Russian oil flows via Ukraine halted
• Positive Sentiment: Longer-term production growth prospects in Guyana (new developments and conference-driven investment interest) support future offshore services demand, a constructive backdrop for OIH holdings exposed to offshore drilling and services. Guyana’s oil growth potential rises as Venezuela tensions set to ease
• Neutral Sentiment: Markets remain glued to U.S.–Iran talks; outcomes could either ease or heighten geopolitical premium in crude — near-term direction uncertain for oil services until talks progress. Oil Prices Mixed as Traders Await Second Round of U.S.-Iran Talks
• Negative Sentiment: Rising commercial inventories and a recent 2.4 mb/d reported supply surge are capping oil gains; higher stockpiles reduce near-term drilling incentives and pressure service-sector revenue outlooks. Natural Gas and Oil Forecast: Inventory Surge Caps Oil, NG Coils – Is $60 Oil Next?
• Negative Sentiment: Policy moves easing sanctions on Venezuela raise the prospect of renewed exports — additional sanctioned-supply normalization would add to near-term supply and dampen upstream capex momentum. Maurel & Prom’s hopes of resumption in Venezuelan oil sales boosted by easing of sanctions
• Negative Sentiment: Prospects of OPEC+ output increases and IEA warnings of a 2026 supply surplus are weighing on rally potential — a sustained surplus would be negative for service-sector activity and OIH performance. Oil Consolidates, But Prospects of OPEC+ Supply Increase Could Weigh

VanEck Oil Services ETF Price Performance

OIH opened at $381.32 on Tuesday. VanEck Oil Services ETF has a 12-month low of $191.21 and a 12-month high of $385.18. The stock has a market capitalization of $2.27 billion, a PE ratio of 10.97 and a beta of 1.16. The firm’s fifty day moving average price is $322.79 and its 200 day moving average price is $285.12.

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.