InfraCap Equity Income Fund ETF (NYSEARCA:ICAP) Trading Down 0% – What’s Next?

Shares of InfraCap Equity Income Fund ETF (NYSEARCA:ICAP) traded down 0% during mid-day trading on Thursday . The stock traded as low as $25.50 and last traded at $25.64. 2,571 shares changed hands during mid-day trading, a decline of 75% from the average session volume of 10,336 shares. The stock had previously closed at $25.65.

InfraCap Equity Income Fund ETF Trading Down 0.0 %

The firm has a market cap of $59.74 million, a price-to-earnings ratio of 18.05 and a beta of 1.03. The company has a fifty day moving average price of $26.34 and a 200-day moving average price of $26.83.

InfraCap Equity Income Fund ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, February 28th. Investors of record on Thursday, February 27th were issued a $0.19 dividend. This is a boost from InfraCap Equity Income Fund ETF’s previous dividend of $0.18. The ex-dividend date was Thursday, February 27th.

Hedge Funds Weigh In On InfraCap Equity Income Fund ETF

An institutional investor recently bought a new position in InfraCap Equity Income Fund ETF stock. OLD Mission Capital LLC bought a new stake in shares of InfraCap Equity Income Fund ETF (NYSEARCA:ICAP) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 20,010 shares of the company’s stock, valued at approximately $527,000. OLD Mission Capital LLC owned about 0.94% of InfraCap Equity Income Fund ETF at the end of the most recent reporting period.

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.