InfraCap Equity Income Fund ETF (NYSEARCA:ICAP) Shares Down 0.6%

Shares of InfraCap Equity Income Fund ETF (NYSEARCA:ICAP) fell 0.6% during trading on Tuesday . The company traded as low as $23.66 and last traded at $23.73. 11,219 shares traded hands during trading, a decline of 40% from the average session volume of 18,656 shares. The stock had previously closed at $23.86.

InfraCap Equity Income Fund ETF Stock Performance

The company has a market capitalization of $48.65 million, a P/E ratio of 9.46 and a beta of 1.01. The business has a 50 day moving average of $23.84 and a 200-day moving average of $23.80.

Institutional Trading of InfraCap Equity Income Fund ETF

A hedge fund recently bought a new stake in InfraCap Equity Income Fund ETF stock. ORG Partners LLC acquired a new stake in shares of InfraCap Equity Income Fund ETF (NYSEARCA:ICAP) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 45,861 shares of the company’s stock, valued at approximately $1,108,000. ORG Partners LLC owned approximately 2.39% of InfraCap Equity Income Fund ETF at the end of the most recent quarter.

About InfraCap Equity Income Fund ETF

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.