Independent Financial Group LLC acquired a new stake in shares of Counterpoint Quantitative Equity ETF (NYSEARCA:CPAI – Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 75,474 shares of the company’s stock, valued at approximately $3,154,000. Independent Financial Group LLC owned about 1.29% of Counterpoint Quantitative Equity ETF as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also made changes to their positions in the business. U.S. Capital Wealth Advisors LLC raised its position in shares of Counterpoint Quantitative Equity ETF by 124.2% during the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 209,707 shares of the company’s stock valued at $8,409,000 after buying an additional 116,151 shares in the last quarter. Counterpoint Mutual Funds LLC grew its position in Counterpoint Quantitative Equity ETF by 5.3% in the first quarter. Counterpoint Mutual Funds LLC now owns 1,549,616 shares of the company’s stock worth $64,758,000 after acquiring an additional 78,500 shares in the last quarter. Outlook Wealth Advisors LLC bought a new stake in Counterpoint Quantitative Equity ETF during the fourth quarter worth approximately $804,000. Kovack Advisors Inc. purchased a new stake in Counterpoint Quantitative Equity ETF during the fourth quarter valued at approximately $358,000. Finally, Commonwealth Equity Services LLC purchased a new stake in Counterpoint Quantitative Equity ETF during the fourth quarter valued at approximately $286,000.
Counterpoint Quantitative Equity ETF Price Performance
NYSEARCA:CPAI opened at $50.02 on Friday. The firm has a market capitalization of $366.65 million, a price-to-earnings ratio of -59,976.02 and a beta of 1.17. The business has a 50 day simple moving average of $50.09 and a 200-day simple moving average of $45.86. Counterpoint Quantitative Equity ETF has a 1 year low of $35.06 and a 1 year high of $52.30.
Counterpoint Quantitative Equity ETF Profile
The Counterpoint Quantitative Equity ETF (CPAI) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking long-term capital appreciation through a quantitative, model-based approach to select US stocks of any market capitalization. CPAI was launched on Nov 28, 2023 and is issued by Counterpoint.
Featured Stories
- Five stocks we like better than Counterpoint Quantitative Equity ETF
- AST SpaceMobile Stock Sinks as SpaceX Fallout Rattles Space Sector
- Aehr Test Systems Stock Soars on Earnings, Eyes Over 150% Revenue Growth
- TSMC Just Gave AI Chip Bulls Another Reason to Stay Confident
- GE Aerospace Faces a Prove-It Moment in Q2 Earnings
Want to see what other hedge funds are holding CPAI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Counterpoint Quantitative Equity ETF (NYSEARCA:CPAI – Free Report).
Receive News & Ratings for Counterpoint Quantitative Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Counterpoint Quantitative Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.
