VanEck Oil Services ETF (NYSEARCA:OIH – Get Free Report) shares hit a new 52-week high during trading on Tuesday . The stock traded as high as $360.60 and last traded at $360.01, with a volume of 86523 shares. The stock had previously closed at $353.66.
VanEck Oil Services ETF Stock Up 1.2 %
The company has a market cap of $2.67 billion, a P/E ratio of 19.88 and a beta of 1.99. The company has a fifty day moving average of $334.28 and a 200 day moving average of $296.89.
Hedge Funds Weigh In On VanEck Oil Services ETF
Institutional investors and hedge funds have recently bought and sold shares of the stock. Nvwm LLC purchased a new position in VanEck Oil Services ETF during the first quarter valued at $439,000. ExodusPoint Capital Management LP purchased a new position in shares of VanEck Oil Services ETF in the fourth quarter valued at about $7,151,000. Nan Shan Life Insurance Co. Ltd. purchased a new position in shares of VanEck Oil Services ETF in the first quarter valued at about $16,601,000. Wakefield Asset Management LLLP purchased a new position in shares of VanEck Oil Services ETF in the first quarter valued at about $601,000. Finally, Tcwp LLC lifted its position in shares of VanEck Oil Services ETF by 3.6% in the fourth quarter. Tcwp LLC now owns 4,226 shares of the company’s stock valued at $1,285,000 after acquiring an additional 148 shares in the last quarter.
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.
- Five stocks we like better than VanEck Oil Services ETF
- 3 Stocks to Protect Your Portfolio from the Coronavirus Contagion
- Ray Dalio’s Move into 3 Stocks, All Betting on One Thing
- P/E Ratio Calculation: How to Assess Stocks
- Airbnb Joins the S&P 500, Time to Buy In?
- 5 Top Rated Dividend Stocks to Consider
- Does Dell Technologies Blowout Quarter Mean a New Demand Cycle?
Receive News & Ratings for VanEck Oil Services ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Oil Services ETF and related companies with MarketBeat.com's FREE daily email newsletter.