VanEck Oil Services ETF (NYSEARCA:OIH) Shares Bought by Lee Danner & Bass Inc.

Lee Danner & Bass Inc. lifted its stake in VanEck Oil Services ETF (NYSEARCA:OIH) by 2.5% in the fourth quarter, HoldingsChannel reports. The fund owned 8,748 shares of the company’s stock after purchasing an additional 210 shares during the quarter. Lee Danner & Bass Inc.’s holdings in VanEck Oil Services ETF were worth $2,373,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in OIH. Citigroup Inc. lifted its stake in shares of VanEck Oil Services ETF by 1,946.8% in the 3rd quarter. Citigroup Inc. now owns 288,356 shares of the company’s stock worth $81,809,000 after acquiring an additional 274,268 shares during the period. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in VanEck Oil Services ETF during the fourth quarter valued at approximately $47,194,000. JPMorgan Chase & Co. lifted its stake in 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 valued at $284,561,000 after purchasing an additional 154,738 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund lifted its stake in VanEck Oil Services ETF by 154.0% during 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 purchasing an additional 77,000 shares during the last quarter. Finally, Floyd Financial Group LLC acquired a new stake in VanEck Oil Services ETF during the fourth quarter valued at approximately $5,925,000.

VanEck Oil Services ETF Price Performance

OIH stock opened at $261.74 on Friday. VanEck Oil Services ETF has a 12 month low of $241.01 and a 12 month high of $353.25. The firm has a market cap of $1.23 billion, a PE ratio of 11.70 and a beta of 1.72. The firm has a 50 day simple moving average of $273.72 and a 200 day simple moving average of $281.18.

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.