Global Assets Advisory LLC Purchases Shares of 28,078 Counterpoint Quantitative Equity ETF $CPAI

Global Assets Advisory LLC purchased a new position in shares of Counterpoint Quantitative Equity ETF (NYSEARCA:CPAI) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 28,078 shares of the company’s stock, valued at approximately $1,109,000. Global Assets Advisory LLC owned about 0.88% of Counterpoint Quantitative Equity ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Osaic Holdings Inc. grew its stake in shares of Counterpoint Quantitative Equity ETF by 1,862.2% in the second quarter. Osaic Holdings Inc. now owns 107,330 shares of the company’s stock valued at $3,991,000 after buying an additional 101,860 shares in the last quarter. U.S. Capital Wealth Advisors LLC lifted its stake in Counterpoint Quantitative Equity ETF by 49.3% in the third quarter. U.S. Capital Wealth Advisors LLC now owns 93,556 shares of the company’s stock valued at $3,695,000 after acquiring an additional 30,896 shares during the last quarter. Concurrent Investment Advisors LLC grew its position in shares of Counterpoint Quantitative Equity ETF by 59.4% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 72,844 shares of the company’s stock valued at $2,877,000 after acquiring an additional 27,135 shares during the period. Steward Partners Investment Advisory LLC grew its position in shares of Counterpoint Quantitative Equity ETF by 102.9% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 68,061 shares of the company’s stock valued at $2,531,000 after acquiring an additional 34,518 shares during the period. Finally, Avantax Advisory Services Inc. increased its stake in shares of Counterpoint Quantitative Equity ETF by 27.7% during the 2nd quarter. Avantax Advisory Services Inc. now owns 56,600 shares of the company’s stock worth $2,105,000 after purchasing an additional 12,266 shares during the last quarter.

Counterpoint Quantitative Equity ETF Stock Performance

Shares of CPAI stock opened at $44.86 on Friday. Counterpoint Quantitative Equity ETF has a 52-week low of $28.48 and a 52-week high of $45.09. The stock has a market cap of $169.57 million, a price-to-earnings ratio of -53,788.97 and a beta of 1.25. The firm’s 50-day moving average is $41.04 and its 200-day moving average is $38.95.

Counterpoint Quantitative Equity ETF Dividend Announcement

The firm also recently disclosed an annual dividend, which was paid on Wednesday, December 17th. Shareholders of record on Friday, December 12th were paid a $0.3577 dividend. The ex-dividend date was Friday, December 12th. This represents a yield of 89.0%. Counterpoint Quantitative Equity ETF’s dividend payout ratio is currently -16,786.57%.

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.