ST Germain D J Co. Inc. Raises Stake in VanEck Oil Services ETF (NYSEARCA:OIH)

ST Germain D J Co. Inc. raised its holdings in VanEck Oil Services ETF (NYSEARCA:OIH) by 90.2% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,364 shares of the company’s stock after acquiring an additional 647 shares during the period. ST Germain D J Co. Inc.’s holdings in VanEck Oil Services ETF were worth $370,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. First Personal Financial Services purchased a new stake in shares of VanEck Oil Services ETF in the 3rd quarter valued at about $29,000. NBC Securities Inc. raised its holdings in shares of VanEck Oil Services ETF by 100.0% in the 3rd quarter. NBC Securities Inc. now owns 150 shares of the company’s stock valued at $42,000 after acquiring an additional 75 shares in the last quarter. SilverOak Wealth Management LLC raised its holdings in shares of VanEck Oil Services ETF by 9.7% in the 3rd quarter. SilverOak Wealth Management LLC now owns 738 shares of the company’s stock valued at $209,000 after acquiring an additional 65 shares in the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of VanEck Oil Services ETF in the 2nd quarter valued at about $223,000. Finally, National Wealth Management Group LLC raised its holdings in shares of VanEck Oil Services ETF by 8.1% in the 3rd quarter. National Wealth Management Group LLC now owns 857 shares of the company’s stock valued at $243,000 after acquiring an additional 64 shares in the last quarter.

VanEck Oil Services ETF Stock Down 0.3 %

NYSEARCA:OIH opened at $278.95 on Friday. The business’s 50-day moving average price is $286.31 and its two-hundred day moving average price is $294.11. VanEck Oil Services ETF has a twelve month low of $257.78 and a twelve month high of $353.25. The stock has a market cap of $1.74 billion, a P/E ratio of 18.96 and a beta of 0.81.

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.