29,507 Shares in Counterpoint Quantitative Equity ETF $CPAI Purchased by Sanders Morris Harris LLC

Sanders Morris Harris LLC bought a new stake in Counterpoint Quantitative Equity ETF (NYSE:CPAI) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 29,507 shares of the company’s stock, valued at approximately $1,544,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Western Wealth Management LLC acquired a new stake in Counterpoint Quantitative Equity ETF during the first quarter worth $57,000. Fifth Third Bancorp bought a new stake in Counterpoint Quantitative Equity ETF in the 1st quarter valued at $72,000. PUREfi Wealth LLC acquired a new position in shares of Counterpoint Quantitative Equity ETF in the 1st quarter valued at $209,000. Concurrent Investment Advisors LLC raised its stake in shares of Counterpoint Quantitative Equity ETF by 8.2% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 100,854 shares of the company’s stock valued at $5,240,000 after buying an additional 7,641 shares in the last quarter. Finally, Nilsine Partners LLC lifted its holdings in shares of Counterpoint Quantitative Equity ETF by 3.6% during the 2nd quarter. Nilsine Partners LLC now owns 229,706 shares of the company’s stock worth $11,936,000 after acquiring an additional 8,084 shares during the period.

Counterpoint Quantitative Equity ETF Stock Performance

Shares of NYSE:CPAI traded down $0.84 during midday trading on Wednesday, reaching $52.43. 58,212 shares of the company’s stock were exchanged, compared to its average volume of 58,205. The company’s 50 day simple moving average is $52.26 and its two-hundred day simple moving average is $49.75. Counterpoint Quantitative Equity ETF has a 12 month low of $37.29 and a 12 month high of $53.96. The firm has a market capitalization of $488.66 million, a PE ratio of -62,866.91 and a beta of 1.18.

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.