Outlook Wealth Advisors LLC Purchases New Stake in Counterpoint Quantitative Equity ETF $CPAI

Outlook Wealth Advisors LLC purchased a new stake in shares of Counterpoint Quantitative Equity ETF (NYSEARCA:CPAI) in the 4th quarter, HoldingsChannel.com reports. The firm purchased 20,045 shares of the company’s stock, valued at approximately $804,000.

Several other institutional investors also recently added to or reduced their stakes in the stock. Counterpoint Mutual Funds LLC grew its position in Counterpoint Quantitative Equity ETF by 5.0% during the third quarter. Counterpoint Mutual Funds LLC now owns 1,300,416 shares of the company’s stock valued at $51,357,000 after buying an additional 61,500 shares during the period. U.S. Capital Wealth Advisors LLC grew its position in Counterpoint Quantitative Equity ETF by 124.2% during the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 209,707 shares of the company’s stock valued at $8,409,000 after buying an additional 116,151 shares during the period. LPL Financial LLC grew its position in Counterpoint Quantitative Equity ETF by 22.2% during the fourth quarter. LPL Financial LLC now owns 98,831 shares of the company’s stock valued at $3,963,000 after buying an additional 17,948 shares during the period. Raymond James Financial Inc. grew its position in Counterpoint Quantitative Equity ETF by 217.4% during the third quarter. Raymond James Financial Inc. now owns 95,657 shares of the company’s stock valued at $3,778,000 after buying an additional 65,523 shares during the period. Finally, Concurrent Investment Advisors LLC grew its position in Counterpoint Quantitative Equity ETF by 8.8% during the fourth quarter. Concurrent Investment Advisors LLC now owns 79,268 shares of the company’s stock valued at $3,179,000 after buying an additional 6,424 shares during the period.

Counterpoint Quantitative Equity ETF Stock Performance

CPAI opened at $49.61 on Wednesday. The firm has a market cap of $290.22 million, a P/E ratio of -59,484.41 and a beta of 1.19. The firm has a 50-day moving average of $46.79 and a 200 day moving average of $43.77. Counterpoint Quantitative Equity ETF has a fifty-two week low of $35.01 and a fifty-two week high of $52.08.

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.