Horizon Kinetics Asset Management LLC Has $1.05 Million Stock Position in VanEck Oil Services ETF (NYSEARCA:OIH)

Horizon Kinetics Asset Management LLC cut its holdings in shares of VanEck Oil Services ETF (NYSEARCA:OIH) by 10.4% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,690 shares of the company’s stock after selling 430 shares during the period. Horizon Kinetics Asset Management LLC owned 0.06% of VanEck Oil Services ETF worth $1,047,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of OIH. First Personal Financial Services acquired a new stake in shares of VanEck Oil Services ETF in the third quarter valued at approximately $29,000. NBC Securities Inc. increased its stake in VanEck Oil Services ETF by 100.0% in the 3rd quarter. NBC Securities Inc. now owns 150 shares of the company’s stock valued at $42,000 after buying an additional 75 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in VanEck Oil Services ETF in the 2nd quarter valued at $57,000. Riverview Trust Co bought a new stake in VanEck Oil Services ETF during the 2nd quarter worth about $62,000. Finally, SilverOak Wealth Management LLC boosted its stake in shares of VanEck Oil Services ETF by 9.7% during the 3rd quarter. SilverOak Wealth Management LLC now owns 738 shares of the company’s stock worth $209,000 after buying an additional 65 shares during the last quarter.

VanEck Oil Services ETF Stock Performance

NYSEARCA:OIH opened at $303.60 on Tuesday. The stock’s 50-day simple moving average is $289.44 and its 200 day simple moving average is $301.34. VanEck Oil Services ETF has a 52-week low of $262.18 and a 52-week high of $353.25. The company has a market cap of $1.90 billion, a P/E ratio of 18.96 and a beta of 0.81.

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.