Lyell Wealth Management LP Has $899,000 Stock Holdings in VanEck Oil Services ETF (NYSEARCA:OIH)

Lyell Wealth Management LP cut its holdings in VanEck Oil Services ETF (NYSEARCA:OIH) by 53.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 3,314 shares of the company’s stock after selling 3,787 shares during the quarter. Lyell Wealth Management LP owned approximately 0.05% of VanEck Oil Services ETF worth $899,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Global Retirement Partners LLC boosted its holdings in VanEck Oil Services ETF by 3.7% in the fourth quarter. Global Retirement Partners LLC now owns 1,587 shares of the company’s stock valued at $430,000 after acquiring an additional 56 shares during the last quarter. Mraz Amerine & Associates Inc. boosted its holdings in VanEck Oil Services ETF by 13.4% in the fourth quarter. Mraz Amerine & Associates Inc. now owns 7,557 shares of the company’s stock valued at $2,050,000 after acquiring an additional 895 shares during the last quarter. Golden State Wealth Management LLC bought a new position in VanEck Oil Services ETF in the fourth quarter valued at about $153,000. Live Oak Private Wealth LLC bought a new position in VanEck Oil Services ETF in the fourth quarter valued at about $1,359,000. Finally, Custom Index Systems LLC bought a new position in VanEck Oil Services ETF in the fourth quarter valued at about $433,000.

VanEck Oil Services ETF Stock Up 1.7 %

VanEck Oil Services ETF stock opened at $284.68 on Wednesday. The business’s 50-day simple moving average is $280.07 and its 200 day simple moving average is $287.14. The stock has a market cap of $1.78 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.