Apollon Wealth Management LLC Has $390,000 Holdings in VanEck Oil Services ETF (NYSEARCA:OIH)

Apollon Wealth Management LLC lessened its holdings in VanEck Oil Services ETF (NYSEARCA:OIH) by 5.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,374 shares of the company’s stock after selling 75 shares during the period. Apollon Wealth Management LLC’s holdings in VanEck Oil Services ETF were worth $390,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Jane Street Group LLC grew its position in VanEck Oil Services ETF by 1,219.9% in the 1st quarter. Jane Street Group LLC now owns 131,307 shares of the company’s stock worth $44,162,000 after purchasing an additional 121,359 shares in the last quarter. Cetera Investment Advisers grew its position in VanEck Oil Services ETF by 13,939.1% in the 1st quarter. Cetera Investment Advisers now owns 107,680 shares of the company’s stock worth $36,216,000 after purchasing an additional 106,913 shares in the last quarter. Gendell Jeffrey L grew its position in VanEck Oil Services ETF by 15.7% in the 1st quarter. Gendell Jeffrey L now owns 322,103 shares of the company’s stock worth $108,333,000 after purchasing an additional 43,603 shares in the last quarter. Caxton Associates LP bought a new stake in VanEck Oil Services ETF in the 1st quarter worth about $10,665,000. Finally, Sollinda Capital Management LLC bought a new stake in VanEck Oil Services ETF in the 3rd quarter worth about $4,111,000.

VanEck Oil Services ETF Stock Performance

Shares of OIH stock opened at $292.10 on Monday. VanEck Oil Services ETF has a 52-week low of $262.18 and a 52-week high of $353.25. The company has a 50-day simple moving average of $286.02 and a two-hundred day simple moving average of $302.14. The company has a market capitalization of $1.83 billion, a price-to-earnings 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.