VanEck Oil Services ETF $OIH Shares Purchased by JPMorgan Chase & Co.

JPMorgan Chase & Co. grew its position in shares of VanEck Oil Services ETF (NYSEARCA:OIH) by 189.7% during the third quarter, Holdings Channel reports. The firm owned 141,542 shares of the company’s stock after acquiring an additional 92,676 shares during the quarter. JPMorgan Chase & Co.’s holdings in VanEck Oil Services ETF were worth $36,788,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of OIH. B. Riley Wealth Advisors Inc. purchased a new stake in VanEck Oil Services ETF during the second quarter worth about $5,846,000. Envestnet Asset Management Inc. grew its holdings in shares of VanEck Oil Services ETF by 30.6% in the second quarter. Envestnet Asset Management Inc. now owns 2,433 shares of the company’s stock valued at $560,000 after purchasing an additional 570 shares in the last quarter. Gendell Jeffrey L grew 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 purchasing an additional 34,880 shares in the last quarter. Vontobel Holding Ltd. purchased a new stake in VanEck Oil Services ETF during the 3rd quarter worth approximately $570,000. Finally, CreativeOne Wealth LLC acquired a new stake in VanEck Oil Services ETF during the 2nd quarter worth approximately $305,000. 94.50% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting VanEck Oil Services ETF

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

• Positive Sentiment: Heightened U.S.–Iran tensions are lifting oil prices and trader risk premiums, which tends to boost activity for oil services companies held in OIH. Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rallies Amid Middle East Tensions
• Positive Sentiment: Analysts have raised 2026 oil-price forecasts because of geopolitical supply risk — a bullish backdrop for oilfield activity and services demand. Analysts hike oil outlook on geopolitical risks, oversupply concerns limit upside
• Positive Sentiment: Oil ETFs are in focus as US–Iran negotiations and sanction risk keep crude volatile — increased flows into oil ETFs can lift OIH on rebalancing and demand for sector exposure. Oil ETFs in Spotlight as US-Iran Nuclear Talks Get Extended
• Positive Sentiment: Technical and market commentary point to buyers coiling for a bigger move higher — if sustained, higher crude could translate to more upstream spending and benefit OIH constituents. Crude Oil Weekly Price Analysis – Oil Coiling for Bigger Move?
• Neutral Sentiment: Abu Dhabi’s ADNOC plans to lift Murban exports in April, adding supply that could cap near-term price upside and blunt some benefits for oil services if sustained. ADNOC offers more oil to partners in countdown to OPEC+ meet, sources and report say
• Neutral Sentiment: Market technicals are mixed: short-term breakouts face resistance around the mid-$60s WTI area — this suggests volatility rather than a clear directional breakout for services demand. Oil Tests the Resistance in the 65 Area Before the Breakout of the 67 Zone
• Negative Sentiment: Big U.S. inventory builds and signs of diplomatic progress with Iran have previously pushed prices down; renewed inventory pressures could weigh on oil services activity. Oil News: Crude Oil Drops Through Trendline on Massive Inventory Build, Iran Talks Optimism
• Negative Sentiment: Coverage notes firms like Petronas are facing margin pressure from subdued prices — sustained downstream weakness can slow capex and hurt oil-service contractors in OIH. Petronas sees profit slide for third straight year as oil prices weigh on margins
• Negative Sentiment: Expectations that U.S.–Iran talks will continue have previously triggered price pullbacks; diplomatic progress remains a near-term downside risk for OIH exposure. Oil Falls on Expectations U.S.-Iran Talks to Continue Next Week

VanEck Oil Services ETF Stock Up 0.4%

Shares of OIH stock opened at $396.97 on Friday. The firm has a 50 day moving average of $340.18 and a two-hundred day moving average of $294.13. The stock has a market capitalization of $2.36 billion, a PE ratio of 10.97 and a beta of 1.16. VanEck Oil Services ETF has a 52 week low of $191.21 and a 52 week high of $403.73.

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.