InfraCap Equity Income Fund ETF (NYSEARCA:ICAP) Trading Down 1.8% – Time to Sell?

InfraCap Equity Income Fund ETF (NYSEARCA:ICAPGet Free Report) dropped 1.8% during trading on Friday . The company traded as low as $26.33 and last traded at $26.36. Approximately 7,034 shares were traded during trading, a decline of 29% from the average daily volume of 9,961 shares. The stock had previously closed at $26.84.

InfraCap Equity Income Fund ETF Price Performance

The business’s 50-day moving average price is $27.36 and its two-hundred day moving average price is $26.47. The firm has a market cap of $56.15 million, a price-to-earnings ratio of 11.44 and a beta of 0.82.

InfraCap Equity Income Fund ETF Company Profile

(Get Free Report)

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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