JPMorgan Chase & Co. Boosts Holdings in VanEck Oil Services ETF $OIH

JPMorgan Chase & Co. lifted its position in shares of VanEck Oil Services ETF (NYSEARCA:OIHFree Report) by 189.7% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 141,542 shares of the company’s stock after buying an additional 92,676 shares during the period. JPMorgan Chase & Co. owned approximately 3.58% of VanEck Oil Services ETF worth $36,788,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the company. MTM Investment Management LLC purchased a new position in VanEck Oil Services ETF in the second quarter worth approximately $27,000. Qube Research & Technologies Ltd acquired a new position in shares of VanEck Oil Services ETF in the 2nd quarter valued at $53,000. Lowe Wealth Advisors LLC lifted its stake in shares of VanEck Oil Services ETF by 200.0% in the 3rd quarter. Lowe Wealth Advisors LLC now owns 399 shares of the company’s stock valued at $104,000 after purchasing an additional 266 shares during the last quarter. Fidelis Capital Partners LLC purchased a new position in shares of VanEck Oil Services ETF during the 2nd quarter worth $208,000. Finally, Accredited Investor Services LLC purchased a new position in shares of VanEck Oil Services ETF during the 3rd quarter worth $209,000. Hedge funds and other institutional investors own 94.50% of the company’s stock.

VanEck Oil Services ETF News Roundup

Here are the key news stories impacting VanEck Oil Services ETF this week:

VanEck Oil Services ETF Trading Up 0.4%

Shares of OIH opened at $396.97 on Friday. The company’s 50-day moving average price is $340.18 and its 200 day moving average price is $294.13. VanEck Oil Services ETF has a 12-month low of $191.21 and a 12-month high of $403.73. The firm has a market cap of $2.36 billion, a P/E ratio of 10.97 and a beta of 1.16.

About VanEck Oil Services ETF

(Free Report)

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.

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Institutional Ownership by Quarter for VanEck Oil Services ETF (NYSEARCA:OIH)

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