InfraCap Equity Income Fund ETF (NYSEARCA:ICAP – Get Free Report) shares rose 0.5% during mid-day trading on Friday . The company traded as high as $28.71 and last traded at $28.69. Approximately 8,940 shares traded hands during trading, a decline of 70% from the average daily volume of 29,501 shares. The stock had previously closed at $28.56.
InfraCap Equity Income Fund ETF Price Performance
The stock has a market cap of $119.92 million, a P/E ratio of 19.06 and a beta of 0.99. The firm’s 50-day moving average price is $28.68 and its 200-day moving average price is $28.22.
Hedge Funds Weigh In On InfraCap Equity Income Fund ETF
A hedge fund recently bought a new stake in InfraCap Equity Income Fund ETF stock. Janney Montgomery Scott LLC purchased a new position in InfraCap Equity Income Fund ETF (NYSEARCA:ICAP – Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 12,028 shares of the company’s stock, valued at approximately $334,000. Janney Montgomery Scott LLC owned approximately 0.38% of InfraCap Equity Income Fund ETF as of its most recent SEC filing.
InfraCap Equity Income Fund ETF Company Profile
The InfraCap Equity Income Fund ETF (ICAP) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to provide exposure to global stocks that pay dividends during normal market conditions. The fund seeks to maximize income and pursue total return. ICAP was launched on Dec 29, 2021 and is managed by InfraCap.
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