1,818 Shares in VanEck Oil Services ETF $OIH Bought by Krilogy Financial LLC

Krilogy Financial LLC acquired a new position in VanEck Oil Services ETF (NYSEARCA:OIH) during the third quarter, according to the company in its most recent filing with the SEC. The fund acquired 1,818 shares of the company’s stock, valued at approximately $515,000.

Several other large investors also recently modified their holdings of the business. NewEdge Advisors LLC increased its position in shares of VanEck Oil Services ETF by 30.5% during the first quarter. NewEdge Advisors LLC now owns 2,629 shares of the company’s stock worth $689,000 after acquiring an additional 614 shares during the last quarter. Janney Montgomery Scott LLC grew its stake in VanEck Oil Services ETF by 6.0% during the 2nd quarter. Janney Montgomery Scott LLC now owns 1,412 shares of the company’s stock valued at $325,000 after purchasing an additional 80 shares in the last quarter. Stratos Wealth Advisors LLC purchased a new stake in VanEck Oil Services ETF during the 2nd quarter worth approximately $761,000. Signature Estate & Investment Advisors LLC raised its position in shares of VanEck Oil Services ETF by 12.9% in the 2nd quarter. Signature Estate & Investment Advisors LLC now owns 1,568 shares of the company’s stock valued at $361,000 after purchasing an additional 179 shares in the last quarter. Finally, Steel Grove Capital Advisors LLC raised its position in shares of VanEck Oil Services ETF by 8.2% in the 2nd quarter. Steel Grove Capital Advisors LLC now owns 6,919 shares of the company’s stock valued at $1,593,000 after purchasing an additional 522 shares in the last quarter. 94.50% of the stock is currently owned by institutional investors and hedge funds.

VanEck Oil Services ETF Trading Up 2.0%

OIH stock opened at $381.32 on Friday. The firm has a 50 day simple moving average of $321.20 and a 200-day simple moving average of $283.90. The company has a market capitalization of $2.27 billion, a P/E ratio of 10.97 and a beta of 1.16. VanEck Oil Services ETF has a twelve month low of $191.21 and a twelve month high of $385.18.

Trending Headlines about VanEck Oil Services ETF

Here are the key news stories impacting VanEck Oil Services ETF this week:

• Positive Sentiment: U.S. Treasury issued general licences allowing major oil companies (including Chevron and European rivals) to resume operations and new energy investments in Venezuela — a near-term catalyst for drilling, maintenance and infrastructure spending in a country with large undeveloped fields. US allows oil majors to resume Venezuela operations
• Positive Sentiment: President Trump greenlit expanded oil-and-gas investments in Venezuela via new licences, reinforcing the policy signal that U.S. firms can increase activity there — supportive for service contractors and equipment providers in OIH. Trump Greenlights More Oil-and-Gas Investments in Venezuela
• Positive Sentiment: The U.S. also issued a licence for India’s Reliance to buy Venezuelan oil directly, signaling broader commercial reopening that could increase export flows and spending on logistics and services. India’s Reliance wins US licence for Venezuelan oil
• Positive Sentiment: Heightened U.S.–Iran tensions and reports that a second U.S. carrier is headed to the Middle East have lifted geopolitical risk premia — supportive for near-term oil prices and for oil-services utilization in volatility scenarios. Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds From Session Lows As Trump Puts More Pressure On Iran
• Neutral Sentiment: Operational disruptions such as a halted Russian Volgograd refinery after a drone attack and Serbia’s NIS seeking waivers are market noise that can create localized short-term support for services but are unlikely to change global demand dynamics materially. Russia’s Volgograd oil refinery halts processing after drone attack Serbia’s NIS seeks new sanctions waiver
• Negative Sentiment: IEA and market reports warn of a large supply surplus (IEA cites rebounds and a potential multi-million bpd surplus) and big inventory builds, which have pressured crude and weigh on long-term demand for drilling and completion activity. Record 3.7M bpd surplus sparks selloff Oil set for weekly drop as Iran risks recede, oversupply concerns
• Negative Sentiment: Short-term price pressure from weak demand signals and rising inventories has led to WTI weakness in some sessions, a headwind for oilfield services dayrates and equipment utilization if sustained. WTI Futures Sink as Supply Worries Challenge Crude Oil Outlook

VanEck Oil Services ETF 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.