Jane Street Group LLC Purchases 121,359 Shares of VanEck Oil Services ETF (NYSEARCA:OIH)

Jane Street Group LLC lifted its position in VanEck Oil Services ETF (NYSEARCA:OIH) by 1,219.9% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 131,307 shares of the company’s stock after purchasing an additional 121,359 shares during the quarter. Jane Street Group LLC’s holdings in VanEck Oil Services ETF were worth $44,162,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Global Financial Private Client LLC bought a new stake in VanEck Oil Services ETF during the first quarter worth approximately $510,000. Caxton Associates LP bought a new stake in VanEck Oil Services ETF during the first quarter worth approximately $10,665,000. Condire Management LP increased its stake in VanEck Oil Services ETF by 28.6% during the first quarter. Condire Management LP now owns 45,000 shares of the company’s stock worth $15,135,000 after acquiring an additional 10,000 shares during the last quarter. Gendell Jeffrey L increased its stake in VanEck Oil Services ETF by 15.7% during the first quarter. Gendell Jeffrey L now owns 322,103 shares of the company’s stock worth $108,333,000 after acquiring an additional 43,603 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD increased its stake in VanEck Oil Services ETF by 6.9% during the first quarter. Price T Rowe Associates Inc. MD now owns 160,512 shares of the company’s stock worth $53,986,000 after acquiring an additional 10,358 shares during the last quarter.

VanEck Oil Services ETF Stock Down 1.9 %

NYSEARCA OIH traded down $6.34 during trading hours on Thursday, hitting $331.03. 98,972 shares of the company were exchanged, compared to its average volume of 408,119. The stock has a 50-day moving average price of $314.96 and a 200 day moving average price of $314.38. VanEck Oil Services ETF has a 52 week low of $278.63 and a 52 week high of $364.08. The stock has a market cap of $2.07 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.