VanEck Oil Services ETF (NYSEARCA:OIH) Shares Sold by Sigma Planning Corp

Sigma Planning Corp lessened its holdings in shares of VanEck Oil Services ETF (NYSEARCA:OIH) by 54.9% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 1,420 shares of the company’s stock after selling 1,728 shares during the quarter. Sigma Planning Corp’s holdings in VanEck Oil Services ETF were worth $440,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of OIH. Oak Family Advisors LLC purchased a new position in VanEck Oil Services ETF during the 4th quarter worth approximately $918,000. Envestnet Portfolio Solutions Inc. purchased a new position in VanEck Oil Services ETF during the 3rd quarter worth approximately $307,000. LPL Financial LLC grew its position in VanEck Oil Services ETF by 24.0% during the 3rd quarter. LPL Financial LLC now owns 106,298 shares of the company’s stock worth $36,677,000 after purchasing an additional 20,588 shares in the last quarter. International Assets Investment Management LLC purchased a new position in VanEck Oil Services ETF during the 4th quarter worth approximately $13,125,000. Finally, Kingswood Wealth Advisors LLC grew its position in VanEck Oil Services ETF by 21.3% during the 4th quarter. Kingswood Wealth Advisors LLC now owns 1,457 shares of the company’s stock worth $451,000 after purchasing an additional 256 shares in the last quarter.

VanEck Oil Services ETF Stock Performance

NYSEARCA OIH opened at $326.16 on Friday. VanEck Oil Services ETF has a twelve month low of $246.04 and a twelve month high of $364.08. The stock has a market cap of $2.17 billion, a price-to-earnings ratio of 20.26 and a beta of 0.86. The firm’s 50 day moving average price is $321.90 and its two-hundred day moving average price is $314.57.

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.