Counterpoint Quantitative Equity ETF $CPAI Stock: Jacobi Capital Management LLC Raises Stake

Jacobi Capital Management LLC lifted its stake in shares of Counterpoint Quantitative Equity ETF (NYSE:CPAI) by 92.5% during the third quarter, HoldingsChannel.com reports. The fund owned 26,363 shares of the company’s stock after buying an additional 12,665 shares during the quarter. Jacobi Capital Management LLC’s holdings in Counterpoint Quantitative Equity ETF were worth $1,363,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. NewEdge Advisors LLC boosted its holdings in shares of Counterpoint Quantitative Equity ETF by 230.6% in the second quarter. NewEdge Advisors LLC now owns 111,269 shares of the company’s stock valued at $5,782,000 after purchasing an additional 77,610 shares during the period. Gilliland Jeter Wealth Management LLC grew its stake in Counterpoint Quantitative Equity ETF by 42.4% in the third quarter. Gilliland Jeter Wealth Management LLC now owns 40,874 shares of the company’s stock worth $2,113,000 after purchasing an additional 12,167 shares in the last quarter. Royal Bank of Canada grew its stake in Counterpoint Quantitative Equity ETF by 122.6% in the first quarter. Royal Bank of Canada now owns 44,196 shares of the company’s stock worth $1,847,000 after purchasing an additional 24,338 shares in the last quarter. Sanders Morris Harris LLC purchased a new position in Counterpoint Quantitative Equity ETF during the 3rd quarter worth $1,544,000. Finally, Outlook Wealth Advisors LLC increased its holdings in Counterpoint Quantitative Equity ETF by 29.6% during the 3rd quarter. Outlook Wealth Advisors LLC now owns 72,545 shares of the company’s stock worth $3,750,000 after purchasing an additional 16,566 shares during the period.

Counterpoint Quantitative Equity ETF Stock Down 0.8%

Shares of NYSE CPAI opened at $51.24 on Friday. The business has a fifty day simple moving average of $52.23 and a two-hundred day simple moving average of $48.67. The firm has a market cap of $524.70 million, a PE ratio of -61,438.85 and a beta of 1.17. Counterpoint Quantitative Equity ETF has a twelve month low of $37.29 and a twelve month high of $53.96.

Counterpoint Quantitative Equity ETF Profile

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.