Independent Financial Group LLC Invests $3.15 Million in Counterpoint Quantitative Equity ETF $CPAI

Independent Financial Group LLC purchased a new position in shares of Counterpoint Quantitative Equity ETF (NYSEARCA:CPAI – Free Report) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 75,474 shares of the company’s stock, valued at approximately $3,154,000.

Several other hedge funds also recently added to or reduced their stakes in the company. U.S. Capital Wealth Advisors LLC raised its position in Counterpoint Quantitative Equity ETF by 124.2% in the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 209,707 shares of the company’s stock worth $8,409,000 after purchasing an additional 116,151 shares during the period. Counterpoint Mutual Funds LLC boosted its position in shares of Counterpoint Quantitative Equity ETF by 5.3% during the first quarter. Counterpoint Mutual Funds LLC now owns 1,549,616 shares of the company’s stock valued at $64,758,000 after buying an additional 78,500 shares during the period. Outlook Wealth Advisors LLC purchased a new position in shares of Counterpoint Quantitative Equity ETF during the fourth quarter valued at approximately $804,000. Kestra Advisory Services LLC bought a new position in shares of Counterpoint Quantitative Equity ETF during the fourth quarter valued at approximately $31,000. Finally, Fifth Third Bancorp bought a new position in shares of Counterpoint Quantitative Equity ETF during the first quarter valued at approximately $72,000.

Counterpoint Quantitative Equity ETF Stock Performance

Shares of NYSEARCA CPAI opened at $50.02 on Friday. Counterpoint Quantitative Equity ETF has a fifty-two week low of $35.06 and a fifty-two week high of $52.30. The company has a market cap of $366.65 million, a price-to-earnings ratio of -59,976.02 and a beta of 1.17. The business’s 50 day moving average price is $50.09 and its 200-day moving average price is $45.86.

Counterpoint Quantitative Equity ETF Profile

(Free Report)

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).