Counterpoint Quantitative Equity ETF (CPAI) To Go Ex-Dividend on December 12th

Counterpoint Quantitative Equity ETF (NYSEARCA:CPAI) announced an annual dividend on Thursday, December 11th. Investors of record on Friday, December 12th will be paid a dividend of 0.3577 per share on Wednesday, December 17th. This represents a yield of 89.0%. The ex-dividend date is Friday, December 12th.

Counterpoint Quantitative Equity ETF Stock Performance

Shares of Counterpoint Quantitative Equity ETF stock opened at $40.21 on Friday. The stock has a market capitalization of $128.67 million, a P/E ratio of -48,213.43 and a beta of 1.25. Counterpoint Quantitative Equity ETF has a 52-week low of $28.48 and a 52-week high of $41.36. The stock’s 50-day simple moving average is $39.48 and its 200 day simple moving average is $37.64.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the business. JPMorgan Chase & Co. raised its holdings in Counterpoint Quantitative Equity ETF by 4.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 6,130 shares of the company’s stock valued at $228,000 after acquiring an additional 286 shares during the period. Sunbelt Securities Inc. purchased a new position in shares of Counterpoint Quantitative Equity ETF in the third quarter valued at $366,000. Susquehanna International Group LLP bought a new stake in shares of Counterpoint Quantitative Equity ETF during the 3rd quarter valued at $850,000. NewEdge Advisors LLC lifted its holdings in Counterpoint Quantitative Equity ETF by 42,796.4% during the 3rd quarter. NewEdge Advisors LLC now owns 23,593 shares of the company’s stock worth $932,000 after purchasing an additional 23,538 shares in the last quarter. Finally, Global Assets Advisory LLC purchased a new stake in Counterpoint Quantitative Equity ETF during the 3rd quarter worth about $1,109,000.

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.