KRS Capital Management LLC Has $368,000 Stock Position in VanEck Oil Services ETF (NYSEARCA:OIH)

KRS Capital Management LLC lifted its holdings in shares of VanEck Oil Services ETF (NYSEARCA:OIH) by 31.1% in the first quarter, Holdings Channel.com reports. The institutional investor owned 1,095 shares of the company’s stock after acquiring an additional 260 shares during the period. KRS Capital Management LLC’s holdings in VanEck Oil Services ETF were worth $368,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of OIH. Gendell Jeffrey L lifted its stake in shares of VanEck Oil Services ETF by 384.3% in the 4th quarter. Gendell Jeffrey L now owns 278,500 shares of the company’s stock valued at $86,201,000 after purchasing an additional 221,000 shares during the period. International Assets Investment Management LLC acquired a new position in VanEck Oil Services ETF during the 4th quarter worth approximately $13,125,000. Financial Advocates Investment Management acquired a new position in VanEck Oil Services ETF during the 4th quarter worth approximately $7,341,000. Tower Research Capital LLC TRC raised its stake in VanEck Oil Services ETF by 128.1% during the 4th quarter. Tower Research Capital LLC TRC now owns 39,165 shares of the company’s stock worth $12,122,000 after buying an additional 21,995 shares during the period. Finally, Van ECK Associates Corp raised its stake in VanEck Oil Services ETF by 176.5% during the 4th quarter. Van ECK Associates Corp now owns 29,844 shares of the company’s stock worth $9,237,000 after buying an additional 19,052 shares during the period.

VanEck Oil Services ETF Trading Up 0.9 %

OIH stock traded up $2.92 during trading on Friday, reaching $316.18. 908,334 shares of the stock were exchanged, compared to its average volume of 393,599. The firm’s 50 day moving average is $314.79 and its 200 day moving average is $311.59. VanEck Oil Services ETF has a twelve month low of $278.00 and a twelve month high of $364.08. The firm has a market cap of $1.98 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.