BNP Paribas Arbitrage SA raised its position in Market Vectors Oil Services ETF (NYSE:OIH) by 11.4% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,483,650 shares of the company’s stock after buying an additional 357,440 shares during the period. BNP Paribas Arbitrage SA’s holdings in Market Vectors Oil Services ETF were worth $86,360,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also modified their holdings of the company. Spinnaker Trust raised its stake in shares of Market Vectors Oil Services ETF by 13.1% in the second quarter. Spinnaker Trust now owns 14,497 shares of the company’s stock worth $359,000 after buying an additional 1,684 shares during the period. Harel Insurance Investments & Financial Services Ltd. purchased a new stake in shares of Market Vectors Oil Services ETF during the second quarter worth about $112,000. Quattro Financial Advisors LLC purchased a new stake in shares of Market Vectors Oil Services ETF during the second quarter worth about $473,000. Texas Permanent School Fund purchased a new stake in shares of Market Vectors Oil Services ETF during the second quarter worth about $809,000. Finally, Connable Office Inc. raised its stake in shares of Market Vectors Oil Services ETF by 26.4% in the second quarter. Connable Office Inc. now owns 476,195 shares of the company’s stock worth $11,805,000 after buying an additional 99,349 shares during the period.
Shares of Market Vectors Oil Services ETF (NYSE OIH) opened at 22.04 on Thursday. The company’s 50-day moving average is $24.43 and its 200-day moving average is $28.03. Market Vectors Oil Services ETF has a 12 month low of $21.96 and a 12 month high of $36.35.
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Market Vectors Oil Services ETF Company Profile
Market Vectors Oil Services ETF (the Fund) is a non-diversified investment company. The Fund seeks to replicate the price and yield performance of the Market Vectors United States Listed Oil Services 25 Index (MVOIHTR). The Index is a rules-based index intended to track the overall performance of 25 of the United States listed publicly traded oil services companies.
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