SPX Gestao de Recursos Ltda bought a new stake in VanEck Oil Services ETF (NYSEARCA:OIH – Free Report) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm bought 16,500 shares of the company’s stock, valued at approximately $6,669,000. SPX Gestao de Recursos Ltda owned 0.29% of VanEck Oil Services ETF as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently made changes to their positions in OIH. Healthcare of Ontario Pension Plan Trust Fund increased its stake in VanEck Oil Services ETF by 5.4% in 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 acquiring an additional 31,000 shares during the last quarter. Morgan Stanley boosted 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 valued at $129,634,000 after buying an additional 26,633 shares in the last quarter. Employees Provident Fund Board bought a new position in VanEck Oil Services ETF in the fourth quarter valued at about $69,336,000. Wells Fargo & Company MN grew its position 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 during the last quarter. Finally, Gendell Jeffrey L lifted its holdings in shares of VanEck Oil Services ETF by 79.9% in the fourth quarter. Gendell Jeffrey L now owns 146,532 shares of the company’s stock worth $41,728,000 after acquiring an additional 65,084 shares during the last quarter. Institutional investors own 94.50% of the company’s stock.
VanEck Oil Services ETF Trading Up 0.5%
Shares of VanEck Oil Services ETF stock opened at $378.99 on Friday. The firm has a market capitalization of $1.99 billion, a PE ratio of 10.97 and a beta of 0.87. The firm’s 50 day moving average is $406.56 and its 200 day moving average is $386.95. VanEck Oil Services ETF has a 1 year low of $231.46 and a 1 year high of $459.28.
Key Stories Impacting VanEck Oil Services ETF
- Positive Sentiment: Oil prices rose as U.S.-Iran tensions intensified, with reports of retaliation threats and broader conflict risks raising concern about disruptions in the Strait of Hormuz and Red Sea shipping routes. Oil rises as Iran threatens retaliation if Trump targets country’s critical infrastructure
- Positive Sentiment: Reuters reported that a chartered oil tanker was attacked by drones near the Caspian Pipeline Consortium terminal off Russia’s Black Sea coast, adding to supply-disruption concerns that can keep crude prices supported. Chartered oil tanker attacked by drones near Black Sea terminal, CPC says
- Positive Sentiment: Other market coverage noted that oil remained elevated amid escalating supply-disruption fears and conflict headlines, which is generally constructive for oil services demand and pricing power. Oil Rises Amid Escalating Supply-Disruption Concerns
- Neutral Sentiment: Market commentary and forecasts suggest crude is testing key resistance and may remain range-bound unless geopolitical risk escalates further or negotiations cool tensions.
- Negative Sentiment: Some articles warned that oil could retreat if U.S.-Iran negotiations gain traction or if traders fade the conflict premium, which could limit upside for OIH. Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats As Traders Bet On Negotiations
VanEck Oil Services ETF Company Profile
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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