Citigroup Inc. Acquires 274,268 Shares of VanEck Oil Services ETF (NYSEARCA:OIH)

Citigroup Inc. grew its holdings in shares of VanEck Oil Services ETF (NYSEARCA:OIH) by 1,946.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 288,356 shares of the company’s stock after acquiring an additional 274,268 shares during the quarter. Citigroup Inc. owned 4.61% of VanEck Oil Services ETF worth $81,809,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC lifted its stake in VanEck Oil Services ETF by 3.7% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 1,618 shares of the company’s stock valued at $512,000 after purchasing an additional 58 shares during the last quarter. Nations Financial Group Inc. IA ADV increased its holdings in shares of VanEck Oil Services ETF by 3.8% during the third quarter. Nations Financial Group Inc. IA ADV now owns 1,636 shares of the company’s stock worth $464,000 after buying an additional 60 shares in the last quarter. SilverOak Wealth Management LLC lifted its stake in shares of VanEck Oil Services ETF by 9.7% in the 3rd quarter. SilverOak Wealth Management LLC now owns 738 shares of the company’s stock valued at $209,000 after acquiring an additional 65 shares during the last quarter. KRS Capital Management LLC boosted its holdings in shares of VanEck Oil Services ETF by 6.4% during the 2nd quarter. KRS Capital Management LLC now owns 1,165 shares of the company’s stock valued at $368,000 after acquiring an additional 70 shares in the last quarter. Finally, Pettinga Financial Advisors LLC grew its position in VanEck Oil Services ETF by 8.0% during the 3rd quarter. Pettinga Financial Advisors LLC now owns 950 shares of the company’s stock worth $270,000 after acquiring an additional 70 shares during the last quarter.

VanEck Oil Services ETF Trading Up 1.1 %

VanEck Oil Services ETF stock opened at $307.08 on Friday. The stock has a 50-day moving average price of $288.19 and a two-hundred day moving average price of $301.82. VanEck Oil Services ETF has a 12 month low of $262.18 and a 12 month high of $353.25. The company has a market capitalization of $1.92 billion, a PE ratio of 18.96 and a beta of 0.81.

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.