Sumitomo Mitsui Trust Group Inc. Has $502,000 Position in VanEck Oil Services ETF (NYSEARCA:OIH)

Sumitomo Mitsui Trust Group Inc. boosted its holdings in VanEck Oil Services ETF (NYSEARCA:OIH) by 103.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,770 shares of the company’s stock after acquiring an additional 900 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in VanEck Oil Services ETF were worth $502,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in OIH. Jane Street Group LLC grew its stake in shares of 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 valued at $44,162,000 after purchasing an additional 121,359 shares during the period. Cetera Investment Advisers boosted its stake 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 valued at $36,216,000 after buying 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 first quarter. Gendell Jeffrey L now owns 322,103 shares of the company’s stock valued at $108,333,000 after acquiring an additional 43,603 shares during the period. Caxton Associates LP acquired a new position in VanEck Oil Services ETF during the first quarter worth $10,665,000. Finally, Sollinda Capital Management LLC bought a new position in shares of VanEck Oil Services ETF during the third quarter valued at $4,111,000.

VanEck Oil Services ETF Stock Performance

Shares of NYSEARCA:OIH opened at $293.81 on Wednesday. The company’s fifty day moving average is $286.44 and its 200-day moving average is $301.98. VanEck Oil Services ETF has a 52 week low of $262.18 and a 52 week high of $353.25. The company has a market capitalization of $1.84 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.