VanEck Oil Services ETF (NYSEARCA:OIH) Position Decreased by Focus Financial Network Inc.

Focus Financial Network Inc. trimmed its position in VanEck Oil Services ETF (NYSEARCA:OIH) by 3.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,157 shares of the company’s stock after selling 66 shares during the quarter. Focus Financial Network Inc.’s holdings in VanEck Oil Services ETF were worth $585,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Nations Financial Group Inc. IA ADV boosted its holdings in shares of VanEck Oil Services ETF by 3.8% in the third quarter. Nations Financial Group Inc. IA ADV now owns 1,636 shares of the company’s stock worth $464,000 after buying an additional 60 shares during the period. National Wealth Management Group LLC boosted its holdings in shares of VanEck Oil Services ETF by 8.1% in the third quarter. National Wealth Management Group LLC now owns 857 shares of the company’s stock worth $243,000 after buying an additional 64 shares during the period. SilverOak Wealth Management LLC lifted its position in shares of VanEck Oil Services ETF by 9.7% in the third quarter. SilverOak Wealth Management LLC now owns 738 shares of the company’s stock worth $209,000 after purchasing an additional 65 shares in the last quarter. Pettinga Financial Advisors LLC lifted its position in shares of VanEck Oil Services ETF by 8.0% in the third quarter. Pettinga Financial Advisors LLC now owns 950 shares of the company’s stock worth $270,000 after purchasing an additional 70 shares in the last quarter. Finally, Anson Capital Inc. lifted its position in shares of VanEck Oil Services ETF by 2.2% in the third quarter. Anson Capital Inc. now owns 3,372 shares of the company’s stock worth $957,000 after purchasing an additional 71 shares in the last quarter.

VanEck Oil Services ETF Stock Up 0.8 %

OIH stock opened at $282.05 on Friday. The company has a 50 day moving average of $280.54 and a two-hundred day moving average of $288.49. The company has a market cap of $1.76 billion, a price-to-earnings ratio of 18.96 and a beta of 0.81. VanEck Oil Services ETF has a 12-month low of $257.78 and a 12-month high of $353.25.

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.