SPX Gestao de Recursos Ltda Invests $6.67 Million in VanEck Oil Services ETF $OIH

SPX Gestao de Recursos Ltda acquired a new position in VanEck Oil Services ETF (NYSEARCA:OIH) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 16,500 shares of the company’s stock, valued at approximately $6,669,000.

Other large investors have also bought and sold shares of the company. SBI Securities Co. Ltd. raised its position in shares of VanEck Oil Services ETF by 66.0% during the fourth quarter. SBI Securities Co. Ltd. now owns 88 shares of the company’s stock worth $25,000 after acquiring an additional 35 shares during the last quarter. Janney Montgomery Scott LLC boosted its stake in shares of VanEck Oil Services ETF by 1.6% in the 4th quarter. Janney Montgomery Scott LLC now owns 2,257 shares of the company’s stock valued at $643,000 after purchasing an additional 36 shares during the last quarter. Titleist Asset Management LLC lifted its holdings in VanEck Oil Services ETF by 5.0% in the fourth quarter. Titleist Asset Management LLC now owns 1,355 shares of the company’s stock valued at $386,000 after buying an additional 65 shares during the period. Advisors Preferred LLC bought a new stake in VanEck Oil Services ETF during the first quarter valued at $31,000. Finally, Lee Danner & Bass Inc. grew its holdings in VanEck Oil Services ETF by 1.1% during the 1st quarter. Lee Danner & Bass Inc. now owns 8,453 shares of the company’s stock worth $3,417,000 after acquiring an additional 90 shares during the period. 94.50% of the stock is owned by institutional investors.

Trending Headlines about VanEck Oil Services ETF

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

• Positive Sentiment: Oil prices rose as U.S.-Iran tensions intensified, with reports of retaliation threats and broader conflict risks raising concern about disruptions in the Strait of Hormuz and Red Sea shipping routes. Oil rises as Iran threatens retaliation if Trump targets country’s critical infrastructure
• Positive Sentiment: Reuters reported that a chartered oil tanker was attacked by drones near the Caspian Pipeline Consortium terminal off Russia’s Black Sea coast, adding to supply-disruption concerns that can keep crude prices supported. Chartered oil tanker attacked by drones near Black Sea terminal, CPC says
• Positive Sentiment: Other market coverage noted that oil remained elevated amid escalating supply-disruption fears and conflict headlines, which is generally constructive for oil services demand and pricing power. Oil Rises Amid Escalating Supply-Disruption Concerns
• Neutral Sentiment: Market commentary and forecasts suggest crude is testing key resistance and may remain range-bound unless geopolitical risk escalates further or negotiations cool tensions.
• Negative Sentiment: Some articles warned that oil could retreat if U.S.-Iran negotiations gain traction or if traders fade the conflict premium, which could limit upside for OIH. Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats As Traders Bet On Negotiations

VanEck Oil Services ETF Stock Performance

Shares of OIH stock opened at $378.99 on Friday. The company has a market cap of $1.99 billion, a P/E ratio of 10.97 and a beta of 0.87. The stock has a 50 day simple moving average of $406.56 and a two-hundred day simple moving average of $386.95. VanEck Oil Services ETF has a fifty-two week low of $231.46 and a fifty-two week 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.