How To Buy VanEck Oil Services ETF (OIH) Stock

314.26 ↑0.50 (0.16%)
As of June 25, 2024, 3:18pm EST.

How To Buy OIH

VanEck Oil Services ETF (OIH) is an ETF listed on the NYSE ARCA exchange, which means you can buy the stock from most online brokers. Follow the steps below to learn how to purchase shares of OIH.

  1. Find a reliable broker.

    Don't worry, it's easy and free to open a brokerage account. Below are our favorite brokers where you can buy VanEck Oil Services ETF from:

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  2. Fund your new account.

    You'll need to transfer money into your new brokerage account before you can buy the stock. Transferring via a bank transfer is recommended and the most common way to fund an account. Some brokers might allow funding via a debit or credit card.

  3. Search for OIH.

    When your funds are settled into your account, look for VanEck Oil Services ETF on your broker by searching for the company name: VanEck Oil Services ETF or the ticker symbol: OIH.

  4. Buy the stock.

    Once that you've found VanEck Oil Services ETF on your broker, submit a purchase order to buy shares of the stock (currently $314.26 a share). Depending on when you purchase, the stock might be higher or lower than the price listed. You may also be able to purchase fractional shares depending on your broker.

    Once your order gets fulfilled, you've purchased your first shares of VanEck Oil Services ETF.

    Tips When Buying

    When submitting your order, you may choose to buy shares of VanEck Oil Services ETF at the market price with a market order or at a set price using a limit order.

    • Market order: Buys the stock immediately at its current price.
    • Limit order: Buys the stock only once it reaches your target price.

    By default all purchases are considered market orders unless specified otherwise. Limit orders are great for when you only want to buy shares of OIH at a specific price.

Should You Buy OIH Stock Now?

In the past week the price per share of VanEck Oil Services ETF has gone up ↑9.89 (3.25%) and the daily volume has increased slightly. You should buy OIH now if you think the stock will continue going up in price.

In the end, you should be comfortable with the risk of the investment and only buy shares of OIH when you feel the time is right.

OIH Stock Performance

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  • Current price: $314.26
  • Yesterday's price: $313.76
  • Price Change (Last 24 Hours): ↑0.50 (0.16%)
  • Price Change (Last 14 Days): ↑3.70 (1.19%)
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