X Square Capital LLC Has $1.31 Million Stake in VanEck Oil Services ETF $OIH

X Square Capital LLC increased its stake in VanEck Oil Services ETF (NYSEARCA:OIH) by 235.9% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,588 shares of the company’s stock after acquiring an additional 3,222 shares during the quarter. X Square Capital LLC’s holdings in VanEck Oil Services ETF were worth $1,307,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of OIH. SBI Securities Co. Ltd. increased its stake in shares of VanEck Oil Services ETF by 66.0% in the 4th quarter. SBI Securities Co. Ltd. now owns 88 shares of the company’s stock valued at $25,000 after acquiring an additional 35 shares in the last quarter. Wexford Capital LP bought a new stake in shares of VanEck Oil Services ETF in the 3rd quarter valued at $27,000. Founders Financial Alliance LLC bought a new stake in shares of VanEck Oil Services ETF in the 3rd quarter valued at $33,000. Greykasell Wealth Strategies Inc. bought a new stake in shares of VanEck Oil Services ETF in the 4th quarter valued at $33,000. Finally, Advisory Services Network LLC bought a new stake in shares of VanEck Oil Services ETF in the 3rd quarter valued at $43,000. Institutional investors own 94.50% of the company’s stock.

More VanEck Oil Services ETF News

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

• Positive Sentiment: Oil markets rallied on renewed geopolitical risk after Israel-Iran clashes, with multiple reports saying crude prices jumped on fears of supply disruption and a possible threat to the Strait of Hormuz. Oil Rises on Israel-Iran Escalation, U.S. Tech Futures Climb
• Positive Sentiment: Countries are expected to stockpile more oil for emergency reserves, a trend that could keep prices higher for longer and support spending across the oil-services industry. A Rush to Stockpile Oil Will Keep Prices Higher for Longer
• Positive Sentiment: Iraq and the UAE are fast-tracking alternative pipelines to reduce reliance on the Strait of Hormuz, underscoring how serious supply-disruption risks remain for the global oil market. Iraq and UAE race to establish alternative oil pipelines as exports through Hormuz dry up
• Neutral Sentiment: Some reports noted oil prices pulled back or only inched higher as Iran and Israel signaled a halt in attacks, suggesting the risk premium may fade if tensions keep easing. Oil Prices Jump as Israel-Iran Strikes Threaten Trump’s Peace Push
• Neutral Sentiment: Saudi Arabia cut July crude prices for Asia amid slower demand, which points to softer near-term fundamentals even as geopolitical risks remain elevated. Saudi Arabia Cuts July Crude Prices for Asia As Demand Slows
• Negative Sentiment: Several market updates said crude benchmarks faced renewed selling pressure after the ceasefire news, which could weigh on OIH if oil prices continue to normalize. Natural Gas and Oil Forecast: 10 Weeks of Ceasefire — WTI Channel Pressure, NatGas Bullish?

VanEck Oil Services ETF Stock Up 3.6%

NYSEARCA:OIH opened at $429.81 on Tuesday. The company has a fifty day moving average of $424.16 and a 200-day moving average of $368.31. The firm has a market capitalization of $2.41 billion, a P/E ratio of 10.97 and a beta of 0.85. VanEck Oil Services ETF has a twelve month low of $226.59 and a twelve month high of $459.28.

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.