PCG Wealth Advisors LLC Sells 2,633 Shares of VanEck Oil Services ETF $OIH

PCG Wealth Advisors LLC trimmed its position in shares of VanEck Oil Services ETF (NYSEARCA:OIH) by 26.7% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,212 shares of the company’s stock after selling 2,633 shares during the quarter. PCG Wealth Advisors LLC owned 0.15% of VanEck Oil Services ETF worth $2,683,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of OIH. SBI Securities Co. Ltd. raised its stake in shares of VanEck Oil Services ETF by 66.0% in the fourth quarter. SBI Securities Co. Ltd. now owns 88 shares of the company’s stock valued at $25,000 after acquiring an additional 35 shares during the period. Janney Montgomery Scott LLC lifted its holdings in shares of VanEck Oil Services ETF by 1.6% in the 4th quarter. Janney Montgomery Scott LLC now owns 2,257 shares of the company’s stock worth $643,000 after acquiring an additional 36 shares during the last quarter. Titleist Asset Management LLC lifted its holdings in shares of VanEck Oil Services ETF by 5.0% in the 4th quarter. Titleist Asset Management LLC now owns 1,355 shares of the company’s stock worth $386,000 after acquiring an additional 65 shares during the last quarter. Advisors Preferred LLC purchased a new position in shares of VanEck Oil Services ETF during the 1st quarter worth about $31,000. Finally, Lee Danner & Bass Inc. boosted its stake in shares of VanEck Oil Services ETF by 1.1% during the 1st quarter. Lee Danner & Bass Inc. now owns 8,453 shares of the company’s stock worth $3,417,000 after purchasing an additional 90 shares during the period. Institutional investors own 94.50% of the company’s stock.

VanEck Oil Services ETF Trading Down 0.5%

Shares of NYSEARCA:OIH opened at $427.53 on Friday. VanEck Oil Services ETF has a 12 month low of $242.24 and a 12 month high of $459.28. The company has a market capitalization of $2.12 billion, a price-to-earnings ratio of 10.97 and a beta of 0.90. The firm’s 50-day moving average is $394.16 and its 200 day moving average is $403.95.

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.