Hilltop Holdings Inc. bought a new stake in Counterpoint Quantitative Equity ETF (NYSEARCA:CPAI – Free Report) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 10,975 shares of the company’s stock, valued at approximately $459,000. Hilltop Holdings Inc. owned 0.19% of Counterpoint Quantitative Equity ETF as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds have also recently bought and sold shares of CPAI. Cetera Investment Advisers grew its stake in shares of Counterpoint Quantitative Equity ETF by 65.1% during the 1st quarter. Cetera Investment Advisers now owns 107,891 shares of the company’s stock valued at $4,509,000 after buying an additional 42,559 shares during the period. Independent Financial Group LLC purchased a new position in shares of Counterpoint Quantitative Equity ETF in the 1st quarter worth $3,154,000. Fifth Third Bancorp purchased a new position in shares of Counterpoint Quantitative Equity ETF in the 1st quarter worth $72,000. PUREfi Wealth LLC acquired a new position in Counterpoint Quantitative Equity ETF in the first quarter valued at $209,000. Finally, Counterpoint Mutual Funds LLC boosted its holdings 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 valued at $64,758,000 after acquiring an additional 78,500 shares during the last quarter.
Counterpoint Quantitative Equity ETF Trading Down 0.2%
CPAI stock opened at $50.01 on Tuesday. The company has a market cap of $376.58 million, a PE ratio of -59,964.03 and a beta of 1.17. The stock has a 50-day moving average price of $50.51 and a two-hundred day moving average price of $46.31. Counterpoint Quantitative Equity ETF has a 12-month low of $35.06 and a 12-month high of $52.30.
About Counterpoint Quantitative Equity ETF
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.
See Also
- Five stocks we like better than Counterpoint Quantitative Equity ETF
- AirJoule’s Kubota Deal Is a Major Validation—But the Hard Part Comes Next
- Dividend Stocks May Be the Quiet Rotation Trade Investors Are Missing Now
- Refiner Stocks Are Near Record Highs—Can Iran-Driven Margins Keep Them There?
- Verizon May Be an AI Infrastructure Stock Hiding in Plain Sight
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.
