VanEck Oil Services ETF (NYSEARCA:OIH) Shares Sold by Nwam LLC

Nwam LLC lessened its position in shares of VanEck Oil Services ETF (NYSEARCA:OIH) by 92.1% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,585 shares of the company’s stock after selling 18,504 shares during the quarter. Nwam LLC’s holdings in VanEck Oil Services ETF were worth $507,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Kingsview Wealth Management LLC acquired a new position in shares of VanEck Oil Services ETF during the 4th quarter worth $281,000. Financial Advocates Investment Management acquired a new position in shares of VanEck Oil Services ETF during the 4th quarter worth $7,341,000. Oak Family Advisors LLC acquired a new position in shares of VanEck Oil Services ETF during the 4th quarter worth $918,000. International Assets Investment Management LLC acquired a new position in shares of VanEck Oil Services ETF during the 4th quarter worth $13,125,000. Finally, Pettinga Financial Advisors LLC acquired a new position in shares of VanEck Oil Services ETF during the 1st quarter worth $214,000.

VanEck Oil Services ETF Stock Down 0.7 %

NYSEARCA:OIH opened at $328.88 on Friday. The company has a market capitalization of $2.06 billion, a PE ratio of 18.96 and a beta of 0.81. VanEck Oil Services ETF has a 52-week low of $278.63 and a 52-week high of $364.08. The stock has a fifty day simple moving average of $314.26 and a 200-day simple moving average of $312.51.

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.