Kestra Advisory Services LLC Has $3.73 Million Stock Position in VanEck Oil Services ETF $OIH

Kestra Advisory Services LLC lifted its position in VanEck Oil Services ETF (NYSEARCA:OIH) by 57.2% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 9,237 shares of the company’s stock after purchasing an additional 3,361 shares during the quarter. Kestra Advisory Services LLC owned 0.16% of VanEck Oil Services ETF worth $3,734,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. NewEdge Advisors LLC boosted its stake in VanEck Oil Services ETF by 30.5% in the first quarter. NewEdge Advisors LLC now owns 2,629 shares of the company’s stock valued at $689,000 after acquiring an additional 614 shares during the last quarter. Creative Planning raised its position in VanEck Oil Services ETF by 42.9% in the 2nd quarter. Creative Planning now owns 1,150 shares of the company’s stock valued at $265,000 after buying an additional 345 shares during the last quarter. Qube Research & Technologies Ltd bought a new stake in shares of VanEck Oil Services ETF in the second quarter worth $53,000. The Manufacturers Life Insurance Company lifted its position in VanEck Oil Services ETF by 148.1% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 7,244 shares of the company’s stock worth $1,668,000 after buying an additional 4,324 shares in the last quarter. Finally, Raymond James Financial Inc. raised its holdings in VanEck Oil Services ETF by 88.2% during the second quarter. Raymond James Financial Inc. now owns 24,713 shares of the company’s stock worth $5,691,000 after acquiring an additional 11,583 shares in the last quarter. 94.50% of the stock is owned by institutional investors and hedge funds.

VanEck Oil Services ETF News Summary

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

• Positive Sentiment: Oil prices rose as U.S.-Iran tensions intensified, with reports of retaliation threats and broader conflict risks raising concern about disruptions in the Strait of Hormuz and Red Sea shipping routes. Oil rises as Iran threatens retaliation if Trump targets country’s critical infrastructure
• Positive Sentiment: Reuters reported that a chartered oil tanker was attacked by drones near the Caspian Pipeline Consortium terminal off Russia’s Black Sea coast, adding to supply-disruption concerns that can keep crude prices supported. Chartered oil tanker attacked by drones near Black Sea terminal, CPC says
• Positive Sentiment: Other market coverage noted that oil remained elevated amid escalating supply-disruption fears and conflict headlines, which is generally constructive for oil services demand and pricing power. Oil Rises Amid Escalating Supply-Disruption Concerns
• Neutral Sentiment: Market commentary and forecasts suggest crude is testing key resistance and may remain range-bound unless geopolitical risk escalates further or negotiations cool tensions.
• Negative Sentiment: Some articles warned that oil could retreat if U.S.-Iran negotiations gain traction or if traders fade the conflict premium, which could limit upside for OIH. Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats As Traders Bet On Negotiations

VanEck Oil Services ETF Price Performance

Shares of OIH stock opened at $378.99 on Friday. VanEck Oil Services ETF has a one year low of $231.46 and a one year high of $459.28. The stock has a market cap of $1.99 billion, a P/E ratio of 10.97 and a beta of 0.87. The company has a fifty day moving average price of $406.56 and a two-hundred day moving average price of $386.95.

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.