Counterpoint Mutual Funds LLC Raises Position in Counterpoint Quantitative Equity ETF (NYSEARCA:CPAI)

Counterpoint Mutual Funds LLC lifted its stake in Counterpoint Quantitative Equity ETF (NYSEARCA:CPAI) by 49.8% in the fourth quarter, according to its most recent Form 13F filing 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 period. Counterpoint Quantitative Equity ETF makes up about 4.7% of Counterpoint Mutual Funds LLC’s holdings, making the stock its 5th largest holding. Counterpoint Mutual Funds LLC owned 137.16% of Counterpoint Quantitative Equity ETF worth $37,212,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, Steward Partners Investment Advisory LLC boosted its holdings in 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 purchasing an additional 1,566 shares during the period.

Counterpoint Quantitative Equity ETF Stock Performance

Counterpoint Quantitative Equity ETF stock opened at $33.16 on Monday. Counterpoint Quantitative Equity ETF has a fifty-two week low of $28.33 and a fifty-two week high of $37.55. The stock has a market cap of $62.34 million, a P/E ratio of 15.65 and a beta of 0.83. The firm’s fifty day moving average price is $35.71 and its 200-day moving average price is $34.64.

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.