Range Global Offshore Oil Services ETF

Range Global Offshore Oil Services ETF

OFOS
Range Global Offshore Oil Services ETFUS flagNew York Stock Exchange
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USD
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Capital Structure

FRC

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
Sector
Financial Services
Industry
Asset Management
Address
United States of America
IPO Date
Jan 25, 2024
Business
Range Global Offshore Oil Services ETF (OFOS) is an exchange-traded fund that passively tracks the Range Global Offshore Oil Services Index, a market capitalization-weighted benchmark comprising global publicly listed companies primarily engaged in the offshore oil services ecosystem, including offshore production, drilling, equipment, and related support services. The ETF invests in a portfolio of such equities across developed and emerging markets, with key holdings historically including companies like Transocean Ltd.; it targets investors seeking exposure to the offshore oil services segment of the energy industry, spanning regions such as North America, Europe, and emerging markets. Launched on January 23, 2024, and listed on NYSE Arca, OFOS is issued by Exchange Traded Concepts Trust under the Exchange Traded Concepts, LLC adviser, with headquarters in Oklahoma City. In a significant development announced on May 23, 2025, the fund's board approved its termination and liquidation pursuant to a Plan of Liquidation, with trading ceasing on June 17, 2025, new creation units closing on June 16, 2025, and final pro-rata cash distributions to shareholders occurring on or about June 20, 2025; this operational wind-down includes a transition to liquid assets and represents a major strategic closure for the product amid low assets under management of approximately $4.3 million.