Counterpoint Quantitative Equity ETF (NYSEARCA:CPAI) Stake Boosted by Counterpoint Mutual Funds LLC

Counterpoint Mutual Funds LLC increased its holdings in Counterpoint Quantitative Equity ETF (NYSEARCA:CPAI) by 49.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,083,546 shares of the company’s stock after acquiring an additional 360,270 shares during the quarter. Counterpoint Quantitative Equity ETF makes up about 4.7% of Counterpoint Mutual Funds LLC’s investment portfolio, making the stock its 5th largest position. Counterpoint Mutual Funds LLC owned approximately 1.37% of Counterpoint Quantitative Equity ETF worth $37,212,000 at the end of the most recent quarter.

Separately, Steward Partners Investment Advisory LLC increased its holdings in shares of Counterpoint Quantitative Equity ETF by 4.9% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 33,494 shares of the company’s stock valued at $1,150,000 after acquiring an additional 1,566 shares during the period.

Counterpoint Quantitative Equity ETF Price Performance

Shares of NYSEARCA CPAI opened at $33.16 on Monday. Counterpoint Quantitative Equity ETF has a 1-year low of $28.33 and a 1-year high of $37.55. The business has a fifty day moving average price of $35.71 and a 200 day moving average price of $34.64. The stock has a market capitalization of $62.34 million, a P/E ratio of 15.65 and a beta of 0.83.

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.