Goldman Sachs Group Inc. Has $93.58 Million Position in VanEck Oil Services ETF (NYSEARCA:OIH)

Goldman Sachs Group Inc. decreased its position in shares of VanEck Oil Services ETF (NYSEARCA:OIHFree Report) by 43.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 302,336 shares of the company’s stock after selling 234,715 shares during the period. Goldman Sachs Group Inc.’s holdings in VanEck Oil Services ETF were worth $93,579,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the company. Ancora Advisors LLC lifted its holdings in shares of VanEck Oil Services ETF by 655.6% in the third quarter. Ancora Advisors LLC now owns 136 shares of the company’s stock worth $47,000 after acquiring an additional 118 shares during the last quarter. Pacific Capital Wealth Advisors Inc. bought a new position in VanEck Oil Services ETF in the 4th quarter valued at approximately $110,000. Northwest Financial Advisors bought a new stake in shares of VanEck Oil Services ETF during the fourth quarter worth $138,000. Gradient Investments LLC increased its holdings in shares of VanEck Oil Services ETF by 188.1% during the fourth quarter. Gradient Investments LLC now owns 579 shares of the company’s stock worth $179,000 after buying an additional 378 shares in the last quarter. Finally, FNY Investment Advisers LLC bought a new position in shares of VanEck Oil Services ETF in the 4th quarter valued at $185,000.

VanEck Oil Services ETF Stock Up 2.8 %

NYSEARCA OIH opened at $309.85 on Tuesday. VanEck Oil Services ETF has a twelve month low of $262.75 and a twelve month high of $364.08. The business’s fifty day moving average is $323.17 and its 200 day moving average is $311.61. The company has a market cap of $1.94 billion, a price-to-earnings ratio of 18.96 and a beta of 0.81.

VanEck Oil Services ETF Profile

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding OIH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Oil Services ETF (NYSEARCA:OIHFree Report).

Institutional Ownership by Quarter for VanEck Oil Services ETF (NYSEARCA:OIH)

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.