Rockland Trust Co. Has $1.28 Million Holdings in VanEck Oil Services ETF (NYSEARCA:OIH)

Rockland Trust Co. lifted its position in VanEck Oil Services ETF (NYSEARCA:OIH) by 4.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,699 shares of the company’s stock after purchasing an additional 220 shares during the quarter. Rockland Trust Co. owned 0.08% of VanEck Oil Services ETF worth $1,275,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. JPMorgan Chase & Co. increased its holdings in VanEck Oil Services ETF by 18.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,003,000 shares of the company’s stock valued at $284,561,000 after buying an additional 154,738 shares during the period. Tidal Investments LLC acquired a new stake in shares of VanEck Oil Services ETF during the 3rd quarter valued at about $312,000. DRW Securities LLC increased its stake in VanEck Oil Services ETF by 297.3% in the second quarter. DRW Securities LLC now owns 4,323 shares of the company’s stock valued at $1,367,000 after acquiring an additional 3,235 shares during the period. Oppenheimer & Co. Inc. raised its position in VanEck Oil Services ETF by 125.9% in the second quarter. Oppenheimer & Co. Inc. now owns 6,607 shares of the company’s stock worth $2,089,000 after purchasing an additional 3,682 shares in the last quarter. Finally, Mraz Amerine & Associates Inc. lifted its stake in VanEck Oil Services ETF by 8.2% during the third quarter. Mraz Amerine & Associates Inc. now owns 6,662 shares of the company’s stock worth $1,890,000 after purchasing an additional 505 shares during the period.

VanEck Oil Services ETF Trading Up 0.9 %

NYSEARCA OIH opened at $287.23 on Wednesday. VanEck Oil Services ETF has a 1-year low of $257.78 and a 1-year high of $353.25. The company has a market capitalization of $1.80 billion, a price-to-earnings ratio of 18.96 and a beta of 0.81. The stock’s 50 day moving average is $286.64 and its two-hundred day moving average is $293.43.

About VanEck Oil Services ETF

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.