JPMorgan Chase & Co. Raises Position in Market Vectors Oil Services ETF (OIH)

JPMorgan Chase & Co. increased its stake in shares of Market Vectors Oil Services ETF (NYSE:OIH) by 50.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,805,191 shares of the company’s stock after buying an additional 1,275,480 shares during the period. JPMorgan Chase & Co.’s holdings in Market Vectors Oil Services ETF were worth $94,331,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Harel Insurance Investments & Financial Services Ltd. acquired a new position in Market Vectors Oil Services ETF during the 2nd quarter worth about $112,000. Spinnaker Trust lifted its position in Market Vectors Oil Services ETF by 13.1% during the 2nd quarter. Spinnaker Trust now owns 14,497 shares of the company’s stock worth $359,000 after buying an additional 1,684 shares in the last quarter. Quattro Financial Advisors LLC acquired a new position in Market Vectors Oil Services ETF during the 2nd quarter worth about $473,000. Cambridge Investment Research Advisors Inc. lifted its position in Market Vectors Oil Services ETF by 17.1% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 19,784 shares of the company’s stock worth $490,000 after buying an additional 2,891 shares in the last quarter. Finally, Commerzbank Aktiengesellschaft FI lifted its position in Market Vectors Oil Services ETF by 36.7% during the 2nd quarter. Commerzbank Aktiengesellschaft FI now owns 24,373 shares of the company’s stock worth $604,000 after buying an additional 6,543 shares in the last quarter.

Market Vectors Oil Services ETF (OIH) opened at 23.01 on Friday. Market Vectors Oil Services ETF has a 12 month low of $21.70 and a 12 month high of $36.35. The company’s 50-day moving average is $23.25 and its 200 day moving average is $26.85.

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Market Vectors Oil Services ETF 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.

Institutional Ownership by Quarter for Market Vectors Oil Services ETF (NYSE:OIH)

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