Northstar Advisory Group LLC Takes $2.07 Million Position in VanEck Oil Services ETF $OIH

Northstar Advisory Group LLC purchased a new position in shares of VanEck Oil Services ETF (NYSEARCA:OIH) in the 4th quarter, Holdings Channel reports. The institutional investor purchased 7,271 shares of the company’s stock, valued at approximately $2,071,000.

A number of other large investors have also recently added to or reduced their stakes in the business. Wexford Capital LP purchased a new position in VanEck Oil Services ETF during the 3rd quarter valued at about $27,000. Founders Financial Alliance LLC purchased a new stake in shares of VanEck Oil Services ETF in the third quarter valued at about $33,000. Advisory Services Network LLC acquired a new stake in shares of VanEck Oil Services ETF in the third quarter valued at approximately $43,000. Qube Research & Technologies Ltd purchased a new position in shares of VanEck Oil Services ETF during the 2nd quarter worth approximately $53,000. Finally, Lowe Wealth Advisors LLC increased its stake in shares of VanEck Oil Services ETF by 200.0% during the 3rd quarter. Lowe Wealth Advisors LLC now owns 399 shares of the company’s stock worth $104,000 after purchasing an additional 266 shares in the last quarter. 94.50% of the stock is owned by institutional investors and hedge funds.

VanEck Oil Services ETF Price Performance

Shares of VanEck Oil Services ETF stock opened at $401.90 on Tuesday. VanEck Oil Services ETF has a 1 year low of $191.21 and a 1 year high of $423.85. The business has a 50 day moving average price of $376.60 and a 200 day moving average price of $315.46. The company has a market capitalization of $2.39 billion, a P/E ratio of 10.97 and a beta of 1.16.

Trending Headlines about VanEck Oil Services ETF

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

• Positive Sentiment: Short interest in OIH declined sharply, reducing one source of downward pressure and removing some forced short-covering risk that can amplify sell-offs. VanEck Oil Services ETF (NYSEARCA:OIH) Sees Large Drop in Short Interest
• Positive Sentiment: WTI/Brent have surged above the $100 mark on fears the Iran war will widen, supporting higher dayrates and drilling activity that benefit oil-services firms held in OIH. Oil surges 3% as Iran war escalates with Yemen’s Houthis entering the Mideast conflict
• Positive Sentiment: Sector operational resilience: ADES, a major regional driller, beat profit forecasts and maintained growth guidance despite war-related disruptions — a sign that oil services can sustain activity even amid volatility. Saudi oil driller ADES beats profit expectations, keeps growth forecast despite Iran war
• Neutral Sentiment: Fed commentary is mixed: Chair Powell said the Fed can “look past” an energy shock but warned patience has limits — this tempers enthusiasm that higher oil automatically translates into a sustained equity rally for cyclicals. Powell Says Fed Can Look Past Oil Shock, but Warns Patience Has Limits
• Neutral Sentiment: Equity-market reaction is mixed: oil gains are creating sector rotation and intraday volatility (S&P/Dow up, Nasdaq down), producing uneven flows into ETFs like OIH. Nasdaq Index and S&P500: Mixed US Indices as Oil Spike Offsets Trump Optimism
• Negative Sentiment: Escalating geopolitics raise the risk of sustained supply shocks that could push oil much higher, but also trigger demand destruction, policy responses (driving curbs) and recession fears — a scenario that could ultimately hurt oil-services capex and OIH performance. Egypt says only Trump can stop war, warns oil could top $200

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.