Cetera Investment Advisers boosted its holdings in Counterpoint Quantitative Equity ETF (NYSEARCA:CPAI – Free Report) by 65.1% in the first quarter, Holdings Channel reports. The institutional investor owned 107,891 shares of the company’s stock after buying an additional 42,559 shares during the period. Cetera Investment Advisers’ holdings in Counterpoint Quantitative Equity ETF were worth $4,509,000 at the end of the most recent quarter.
Several other hedge funds have also added to or reduced their stakes in CPAI. Kestra Advisory Services LLC acquired a new stake in Counterpoint Quantitative Equity ETF during the 4th quarter worth approximately $31,000. IFP Advisors Inc increased its position in Counterpoint Quantitative Equity ETF by 228.3% in the 4th quarter. IFP Advisors Inc now owns 906 shares of the company’s stock valued at $36,000 after acquiring an additional 630 shares during the period. Fifth Third Bancorp acquired a new position in Counterpoint Quantitative Equity ETF in the 1st quarter valued at approximately $72,000. PUREfi Wealth LLC bought a new position in shares of Counterpoint Quantitative Equity ETF during the first quarter valued at $209,000. Finally, Jacobi Capital Management LLC bought a new position in shares of Counterpoint Quantitative Equity ETF during the fourth quarter valued at $237,000.
Counterpoint Quantitative Equity ETF Stock Performance
Shares of NYSEARCA:CPAI opened at $50.80 on Tuesday. Counterpoint Quantitative Equity ETF has a 52 week low of $35.54 and a 52 week high of $52.30. The firm has a market cap of $385.57 million, a PE ratio of -60,911.27 and a beta of 1.17. The firm’s fifty day moving average is $50.69 and its 200-day moving average is $46.56.
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.
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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).
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