Ocean Park Asset Management LLC Invests $2.57 Million in VanEck Oil Services ETF $OIH

Ocean Park Asset Management LLC purchased a new position in shares of VanEck Oil Services ETF (NYSEARCA:OIH) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 9,018 shares of the company’s stock, valued at approximately $2,568,000.

A number of other large investors also recently bought and sold shares of the business. Lyell Wealth Management LP increased its stake in VanEck Oil Services ETF by 6.5% in the third quarter. Lyell Wealth Management LP now owns 1,369 shares of the company’s stock worth $356,000 after purchasing an additional 83 shares during the period. CreativeOne Wealth LLC grew its holdings in shares of VanEck Oil Services ETF by 6.8% in the third quarter. CreativeOne Wealth LLC now owns 1,415 shares of the company’s stock worth $368,000 after purchasing an additional 90 shares during the last quarter. Beacon Pointe Advisors LLC grew its holdings in shares of VanEck Oil Services ETF by 11.2% in the second quarter. Beacon Pointe Advisors LLC now owns 995 shares of the company’s stock worth $229,000 after purchasing an additional 100 shares during the last quarter. Wexford Capital LP purchased a new position in VanEck Oil Services ETF in the 3rd quarter worth about $27,000. Finally, Founders Financial Alliance LLC purchased a new position in VanEck Oil Services ETF in the 3rd quarter worth about $33,000. Hedge funds and other institutional investors own 94.50% of the company’s stock.

VanEck Oil Services ETF Price Performance

Shares of OIH opened at $416.20 on Monday. The firm has a market capitalization of $2.48 billion, a price-to-earnings ratio of 10.97 and a beta of 1.16. VanEck Oil Services ETF has a 1-year low of $191.21 and a 1-year high of $418.57. The company has a 50-day moving average of $375.09 and a 200 day moving average of $314.47.

Key Headlines Impacting VanEck Oil Services ETF

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

• Positive Sentiment: Geopolitical escalation expectations sent oil sharply higher, supporting oil‑services demand (less drilling downtime risk, more emergency & maintenance work). Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rallies 5% As Traders Bet On A Long War In The Middle East
• Positive Sentiment: Analysts told Reuters that oil prices could remain elevated (or spike further) across Iran‑war scenarios, implying sustained higher activity and capex for oil‑service firms. Oil prices to stay elevated across Iran war scenarios
• Positive Sentiment: Crude futures flipped higher as war risk tightened the supply outlook and inventories fell — a technical and fundamental tailwind for oil‑services revenue. Oil News: Crude Oil Futures Flip Higher as War Risk Lifts Oil Outlook
• Positive Sentiment: Coverage note: Zacks highlights OIH reaching a 52‑week high and argues higher oil prices create meaningful opportunities for oil‑services exposure, supporting continued investor interest. Oil Services ETF (OIH) Hits 52-Week High: More Strength Ahead?
• Neutral Sentiment: Risk pricing is volatile — some headlines (Trump pausing attacks / negotiations) briefly pushed prices down, showing the upside is contingent on further escalation or diplomatic setbacks. Oil prices fall as Trump pauses attacks on Iranian energy plants
• Neutral Sentiment: Prediction‑market odds (Polymarket) and commentary show elevated probabilities of military escalation — large but uncertain events that can swing oil (and OIH) sharply both ways. Polymarket bettors put 62% odds on US forces entering Iran by April 30 as oil traders brace for $200 a barrel
• Negative Sentiment: Equity market volatility: oil spikes have triggered broad selloffs (S&P500 weakness), which can cap ETF gains even as sector fundamentals improve — macro risk to OIH’s short‑term performance. S&P500: US Stocks Sink as Oil Spike and War Fears Trigger Broad Selloff
• Negative Sentiment: Higher oil is feeding inflation and pushed rates expectations up (markets price a higher chance of Fed hikes), a headwind for risk assets including ETFs that can weigh on multiples and flows into OIH. Markets see the Fed’s next move as a potential hike as oil prices surge, inflation fears rise

VanEck Oil Services ETF 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.