Osaic Holdings Inc. Acquires 101,860 Shares of Counterpoint Quantitative Equity ETF $CPAI

Osaic Holdings Inc. boosted its holdings in shares of Counterpoint Quantitative Equity ETF (NYSEARCA:CPAI) by 1,862.2% in the second quarter, Holdings Channel.com reports. The fund owned 107,330 shares of the company’s stock after buying an additional 101,860 shares during the quarter. Osaic Holdings Inc.’s holdings in Counterpoint Quantitative Equity ETF were worth $3,991,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in CPAI. Counterpoint Mutual Funds LLC acquired a new position in shares of Counterpoint Quantitative Equity ETF in the 2nd quarter valued at $46,070,000. Concurrent Investment Advisors LLC bought a new stake in Counterpoint Quantitative Equity ETF in the second quarter valued at about $1,700,000. U.S. Capital Wealth Advisors LLC lifted its stake in Counterpoint Quantitative Equity ETF by 168.7% in the second quarter. U.S. Capital Wealth Advisors LLC now owns 62,660 shares of the company’s stock valued at $2,330,000 after buying an additional 39,339 shares during the period. Steward Partners Investment Advisory LLC lifted its stake in Counterpoint Quantitative Equity ETF by 102.9% in the second quarter. Steward Partners Investment Advisory LLC now owns 68,061 shares of the company’s stock valued at $2,531,000 after buying an additional 34,518 shares during the period. Finally, Raymond James Financial Inc. bought a new position in Counterpoint Quantitative Equity ETF during the second quarter worth about $1,121,000.

Counterpoint Quantitative Equity ETF Trading Up 0.4%

Counterpoint Quantitative Equity ETF stock opened at $40.64 on Thursday. The firm has a market capitalization of $130.05 million, a P/E ratio of -48,729.02 and a beta of 1.25. The business has a 50-day moving average of $39.65 and a 200-day moving average of $37.95. Counterpoint Quantitative Equity ETF has a 1 year low of $28.48 and a 1 year high of $41.36.

Counterpoint Quantitative Equity ETF Announces Dividend

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

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.