Shelton Wealth Management LLC Has $1.18 Million Stock Position in VanEck Oil Services ETF (NYSEARCA:OIH)

Shelton Wealth Management LLC lessened its stake in VanEck Oil Services ETF (NYSEARCA:OIH) by 15.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,362 shares of the company’s stock after selling 813 shares during the quarter. Shelton Wealth Management LLC owned about 0.07% of VanEck Oil Services ETF worth $1,183,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. JPMorgan Chase & Co. raised its position in shares of VanEck Oil Services ETF by 18.2% during the third quarter. JPMorgan Chase & Co. now owns 1,003,000 shares of the company’s stock worth $284,561,000 after purchasing an additional 154,738 shares during the period. Citigroup Inc. raised its holdings in VanEck Oil Services ETF by 1,946.8% during the 3rd quarter. Citigroup Inc. now owns 288,356 shares of the company’s stock worth $81,809,000 after buying an additional 274,268 shares during the period. Healthcare of Ontario Pension Plan Trust Fund lifted its stake in VanEck Oil Services ETF by 154.0% in the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 127,000 shares of the company’s stock valued at $36,031,000 after buying an additional 77,000 shares in the last quarter. Main Management ETF Advisors LLC increased its position in shares of VanEck Oil Services ETF by 2.6% during the second quarter. Main Management ETF Advisors LLC now owns 50,775 shares of the company’s stock worth $16,054,000 after acquiring an additional 1,275 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. increased its position in shares of VanEck Oil Services ETF by 1.6% during the second quarter. B. Riley Wealth Advisors Inc. now owns 34,428 shares of the company’s stock worth $10,885,000 after acquiring an additional 549 shares in the last quarter.

VanEck Oil Services ETF Trading Up 1.9 %

OIH stock opened at $299.51 on Friday. The stock has a market cap of $1.87 billion, a PE ratio of 18.96 and a beta of 0.81. The stock has a 50-day moving average price of $286.30 and a two-hundred day moving average price of $293.35. VanEck Oil Services ETF has a 1 year low of $257.78 and a 1 year high of $353.25.

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.