Dumont & Blake Investment Advisors LLC Sells 50 Shares of VanEck Oil Services ETF (NYSEARCA:OIH)

Dumont & Blake Investment Advisors LLC lowered its stake in shares of VanEck Oil Services ETF (NYSEARCA:OIH) by 2.0% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,476 shares of the company’s stock after selling 50 shares during the quarter. Dumont & Blake Investment Advisors LLC’s holdings in VanEck Oil Services ETF were worth $833,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Gendell Jeffrey L lifted its position in shares of VanEck Oil Services ETF by 384.3% during the 4th quarter. Gendell Jeffrey L now owns 278,500 shares of the company’s stock worth $86,201,000 after purchasing an additional 221,000 shares during the last quarter. RPG Investment Advisory LLC boosted its position in shares of VanEck Oil Services ETF by 0.5% in the fourth quarter. RPG Investment Advisory LLC now owns 46,132 shares of the company’s stock valued at $14,279,000 after acquiring an additional 217 shares during the period. International Assets Investment Management LLC acquired a new stake in shares of VanEck Oil Services ETF in the fourth quarter worth $13,125,000. Tower Research Capital LLC TRC increased its position in VanEck Oil Services ETF by 128.1% during the fourth quarter. Tower Research Capital LLC TRC now owns 39,165 shares of the company’s stock worth $12,122,000 after acquiring an additional 21,995 shares during the period. Finally, B. Riley Wealth Advisors Inc. increased its position in VanEck Oil Services ETF by 2.3% during the fourth quarter. B. Riley Wealth Advisors Inc. now owns 34,669 shares of the company’s stock worth $10,731,000 after acquiring an additional 790 shares during the period.

VanEck Oil Services ETF Stock Up 0.9 %

VanEck Oil Services ETF stock traded up $2.92 during mid-day trading on Friday, reaching $316.18. The company had a trading volume of 908,334 shares, compared to its average volume of 393,599. The company has a 50 day moving average of $314.79 and a 200-day moving average of $311.72. VanEck Oil Services ETF has a 52 week low of $278.00 and a 52 week high of $364.08. The firm has a market cap of $1.98 billion, a price-to-earnings ratio of 18.96 and a beta of 0.81.

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.