InfraCap Equity Income Fund ETF (NYSEARCA:ICAP) Stock Price Down 1.3% – Should You Sell?

InfraCap Equity Income Fund ETF (NYSEARCA:ICAP)’s stock price was down 1.3% during trading on Tuesday . The stock traded as low as $27.39 and last traded at $27.49. Approximately 11,312 shares changed hands during trading, an increase of 11% from the average daily volume of 10,187 shares. The stock had previously closed at $27.86.

InfraCap Equity Income Fund ETF Stock Performance

The stock’s fifty day simple moving average is $27.02 and its two-hundred day simple moving average is $25.88. The stock has a market capitalization of $58.55 million, a P/E ratio of 11.44 and a beta of 0.82.

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.