Lido Advisors LLC decreased its stake in shares of VanEck Oil Services ETF (NYSEARCA:OIH – Free Report) by 86.1% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 1,068 shares of the company’s stock after selling 6,634 shares during the period. Lido Advisors LLC’s holdings in VanEck Oil Services ETF were worth $432,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also bought and sold shares of OIH. Cetera Investment Advisers raised its holdings in VanEck Oil Services ETF by 67.3% in the 1st quarter. Cetera Investment Advisers now owns 21,094 shares of the company’s stock valued at $8,527,000 after acquiring an additional 8,488 shares during the period. Mizuho Markets Cayman LP bought a new stake in shares of VanEck Oil Services ETF during the first quarter worth approximately $1,002,000. Petra Financial Advisors Inc. acquired a new position in shares of VanEck Oil Services ETF in the first quarter valued at approximately $7,347,000. Barometer Capital Management Inc. acquired a new position in shares of VanEck Oil Services ETF in the first quarter valued at approximately $647,000. Finally, Florida Financial Advisors LLC acquired a new position in shares of VanEck Oil Services ETF in the first quarter valued at approximately $307,000. Institutional investors and hedge funds own 94.50% of the company’s stock.
VanEck Oil Services ETF Trading Up 2.4%
Shares of NYSEARCA OIH opened at $384.81 on Friday. The firm has a market cap of $1.98 billion, a P/E ratio of 10.97 and a beta of 0.87. The business’s 50 day moving average is $394.05 and its 200-day moving average is $392.62. VanEck Oil Services ETF has a 1-year low of $231.82 and a 1-year high of $459.28.
More VanEck Oil Services ETF News
- Positive Sentiment: Oil prices rose after Iran said it stopped two vessels attempting to leave the Strait of Hormuz. The disruption, combined with a recent drone attack near an Egyptian port, renewed concerns about global energy supplies and supported oilfield-services stocks. Oil price rises after Iran says it stops ships in Hormuz
- Positive Sentiment: Oil rebounded from session lows as traders remained cautious about escalating regional tensions. Persistent supply-risk premiums could support crude prices and the earnings outlook for oil-service providers. Oil rebounds from session lows as traders stay cautious ahead of the weekend
- Positive Sentiment: ExxonMobil reported sharply higher earnings and Chevron posted a quarterly record as energy prices surged during the Strait of Hormuz disruption. The results reinforce the potential for elevated crude prices to support industry spending and OIH constituents. Big Oil Is Reaping Rewards From the Chaos in Energy Markets
- Neutral Sentiment: U.S. crude production fell about 2% in May from April’s record, while demand also declined. Lower output may tighten supply, but weaker demand could weigh on future drilling activity. US oil output and demand fell in May, EIA says
- Negative Sentiment: Crude prices eased as tanker traffic through Hormuz recovered to roughly 30%–35% of pre-war levels and more supplies moved through key chokepoints. Reduced disruption risk could remove some of oil’s geopolitical premium. Oil prices ease as recovering Hormuz Strait traffic tempers war premium
- Negative Sentiment: Portugal approved a 33% windfall tax on extraordinary 2026 profits for oil and refining companies. Although the measure is not directly aimed at oil-service firms, it highlights increasing policy risk for the broader energy sector. Portugal approves 33% windfall tax on oil companies’ excess profits
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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