Quantinno Capital Management LP acquired a new position in VanEck Oil Services ETF (NYSEARCA:OIH – Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 2,915 shares of the company’s stock, valued at approximately $1,178,000. Quantinno Capital Management LP owned 0.05% of VanEck Oil Services ETF as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also recently made changes to their positions in the business. Healthcare of Ontario Pension Plan Trust Fund increased its stake in shares of VanEck Oil Services ETF by 5.4% during the fourth quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 609,000 shares of the company’s stock valued at $173,425,000 after buying an additional 31,000 shares during the period. Morgan Stanley lifted its stake in VanEck Oil Services ETF by 6.2% in the fourth quarter. Morgan Stanley now owns 455,222 shares of the company’s stock worth $129,634,000 after acquiring an additional 26,633 shares during the period. Employees Provident Fund Board purchased a new stake in VanEck Oil Services ETF in the fourth quarter worth $69,336,000. Wells Fargo & Company MN boosted its holdings in VanEck Oil Services ETF by 9.7% in the fourth quarter. Wells Fargo & Company MN now owns 188,675 shares of the company’s stock valued at $53,729,000 after acquiring an additional 16,625 shares in the last quarter. Finally, Gendell Jeffrey L boosted its holdings in VanEck Oil Services ETF by 79.9% in the fourth quarter. Gendell Jeffrey L now owns 146,532 shares of the company’s stock valued at $41,728,000 after acquiring an additional 65,084 shares in the last quarter. 94.50% of the stock is currently owned by institutional investors.
VanEck Oil Services ETF Trading Up 2.6%
Shares of VanEck Oil Services ETF stock opened at $421.33 on Friday. The company’s fifty day simple moving average is $388.52 and its two-hundred day simple moving average is $397.70. The company has a market cap of $2.09 billion, a P/E ratio of 10.97 and a beta of 0.88. VanEck Oil Services ETF has a 12-month low of $234.39 and a 12-month high of $459.28.
VanEck Oil Services ETF News Roundup
- Positive Sentiment: Oil prices are on track for weekly gains after the United States threatened an indefinite naval blockade of Iran. The risk of disruptions to Middle Eastern supply, including around the Strait of Hormuz, is supporting crude prices and improving the outlook for oil-services companies. Oil set for weekly gains after US threatens indefinite blockade of Iran
- Positive Sentiment: Russia’s Sheskharis terminal halted loadings after a drone attack, adding to disruptions at a major export outlet. Reduced available supply could keep crude prices elevated, which is generally supportive of OIH’s oilfield-services holdings. Russia’s Black Sea’s Sheskharis terminal halts loadings after drone attack
- Positive Sentiment: Oil-supply concerns are also being reinforced by an expanding spill near Oman and attacks on tankers and other vessels in the Gulf region. The disruptions may increase the value of secure supply and support producer activity if prices remain firm. Two slicks appear in Gulf as huge oil spill off Oman threatens disaster
- Neutral Sentiment: WTI and Brent are stalling near their 50-day moving averages as traders remain cautious. Technical resistance and uncertainty over the duration of the geopolitical disruptions could keep OIH volatile rather than establish a clear trend. Crude Oil Price Forecast – WTI and Brent Stall at 50-Day EMAs Amid Geopolitical Caution
- Negative Sentiment: Weaker global demand expectations and a reported 17.4-million-barrel increase in U.S. crude inventories are weighing on the market. Softer consumption and excess inventories could reduce producers’ incentive to increase drilling and oilfield-services spending. Natural Gas and Oil Forecast: 17.4M-Barrel Crude Build Weighs as Hormuz Risks Persist
- Negative Sentiment: Additional reports cite lower 2026 oil-demand forecasts and rising U.S. inventories as reasons for caution. These fundamentals could cap crude prices and pressure the ETF if supply disruptions ease. Oil drops on lower demand forecasts despite deadlock in US-Iran talks
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.
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