Prosperity Wealth Management Inc. Decreases Stake in VanEck Oil Services ETF (NYSEARCA:OIH)

Prosperity Wealth Management Inc. lowered its position in VanEck Oil Services ETF (NYSEARCA:OIH) by 8.6% in the 4th quarter, HoldingsChannel reports. The fund owned 840 shares of the company’s stock after selling 79 shares during the period. Prosperity Wealth Management Inc.’s holdings in VanEck Oil Services ETF were worth $228,000 as of its most recent filing with the SEC.

Several other large investors also recently added to or reduced their stakes in OIH. Pettinga Financial Advisors LLC increased its holdings in VanEck Oil Services ETF by 8.0% in the 3rd quarter. Pettinga Financial Advisors LLC now owns 950 shares of the company’s stock worth $270,000 after acquiring an additional 70 shares during the last quarter. Nations Financial Group Inc. IA ADV grew its holdings in VanEck Oil Services ETF by 3.8% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 1,636 shares of the company’s stock valued at $464,000 after buying an additional 60 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. grew its holdings in VanEck Oil Services ETF by 103.4% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,770 shares of the company’s stock valued at $502,000 after buying an additional 900 shares in the last quarter. Oppenheimer & Co. Inc. grew its holdings in VanEck Oil Services ETF by 63.7% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 10,814 shares of the company’s stock valued at $3,068,000 after buying an additional 4,207 shares in the last quarter. Finally, Thrivent Financial for Lutherans grew its holdings in VanEck Oil Services ETF by 1.3% during the 3rd quarter. Thrivent Financial for Lutherans now owns 8,213 shares of the company’s stock valued at $2,330,000 after buying an additional 103 shares in the last quarter.

VanEck Oil Services ETF Stock Up 0.3 %

OIH stock opened at $249.48 on Thursday. The firm has a market capitalization of $1.17 billion, a PE ratio of 10.68 and a beta of 1.74. VanEck Oil Services ETF has a twelve month low of $241.01 and a twelve month high of $353.25. The stock has a 50-day simple moving average of $276.52 and a two-hundred day simple moving average of $282.88.

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.