VanEck Oil Services ETF $OIH Shares Sold by Zweig DiMenna Associates LLC

Zweig DiMenna Associates LLC reduced its holdings in shares of VanEck Oil Services ETF (NYSEARCA:OIH) by 70.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,200 shares of the company’s stock after selling 2,800 shares during the quarter. Zweig DiMenna Associates LLC’s holdings in VanEck Oil Services ETF were worth $312,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in OIH. Founders Financial Alliance LLC purchased a new stake in VanEck Oil Services ETF during the 3rd quarter worth $33,000. JPMorgan Chase & Co. lifted its stake in shares of VanEck Oil Services ETF by 189.7% during the third quarter. JPMorgan Chase & Co. now owns 141,542 shares of the company’s stock worth $36,788,000 after purchasing an additional 92,676 shares in the last quarter. Lyell Wealth Management LP lifted its stake in shares of VanEck Oil Services ETF by 6.5% during 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 in the last quarter. Mraz Amerine & Associates Inc. boosted its position in shares of VanEck Oil Services ETF by 13.9% in the third quarter. Mraz Amerine & Associates Inc. now owns 9,802 shares of the company’s stock worth $2,548,000 after buying an additional 1,197 shares during the period. Finally, Krilogy Financial LLC acquired a new stake in shares of VanEck Oil Services ETF in the third quarter valued at about $515,000. Hedge funds and other institutional investors own 94.50% of the company’s stock.

VanEck Oil Services ETF Stock Performance

Shares of NYSEARCA:OIH opened at $381.32 on Tuesday. The business’s 50-day simple moving average is $322.79 and its 200 day simple moving average is $285.12. The company has a market cap of $2.27 billion, a P/E ratio of 10.97 and a beta of 1.16. VanEck Oil Services ETF has a one year low of $191.21 and a one year high of $385.18.

Key Stories Impacting VanEck Oil Services ETF

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

• Positive Sentiment: Heightened supply-risk backdrop after Iran conducted naval drills near the Strait of Hormuz, keeping crude volatility and drill/transport demand prospects elevated — a tailwind for oil-services companies. Oil steady as traders weigh supply risks heading into key US-Iran talks
• Positive Sentiment: Physical pipeline disruption risks in Europe after Russian flows via Ukraine were halted have prompted requests for rerouting help — such interruptions support near-term oil-service activity (transport, storage, contingency work). Hungary asks Croatia for help after Russian oil flows via Ukraine halted
• Positive Sentiment: Longer-term production growth prospects in Guyana (new developments and conference-driven investment interest) support future offshore services demand, a constructive backdrop for OIH holdings exposed to offshore drilling and services. Guyana’s oil growth potential rises as Venezuela tensions set to ease
• Neutral Sentiment: Markets remain glued to U.S.–Iran talks; outcomes could either ease or heighten geopolitical premium in crude — near-term direction uncertain for oil services until talks progress. Oil Prices Mixed as Traders Await Second Round of U.S.-Iran Talks
• Negative Sentiment: Rising commercial inventories and a recent 2.4 mb/d reported supply surge are capping oil gains; higher stockpiles reduce near-term drilling incentives and pressure service-sector revenue outlooks. Natural Gas and Oil Forecast: Inventory Surge Caps Oil, NG Coils – Is $60 Oil Next?
• Negative Sentiment: Policy moves easing sanctions on Venezuela raise the prospect of renewed exports — additional sanctioned-supply normalization would add to near-term supply and dampen upstream capex momentum. Maurel & Prom’s hopes of resumption in Venezuelan oil sales boosted by easing of sanctions
• Negative Sentiment: Prospects of OPEC+ output increases and IEA warnings of a 2026 supply surplus are weighing on rally potential — a sustained surplus would be negative for service-sector activity and OIH performance. Oil Consolidates, But Prospects of OPEC+ Supply Increase Could Weigh

About VanEck Oil Services ETF

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.