Janney Montgomery Scott LLC Boosts Holdings in InfraCap Equity Income Fund ETF $ICAP

Janney Montgomery Scott LLC lifted its stake in shares of InfraCap Equity Income Fund ETF (NYSEARCA:ICAP) by 181.7% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 33,878 shares of the company’s stock after buying an additional 21,850 shares during the period. Janney Montgomery Scott LLC’s holdings in InfraCap Equity Income Fund ETF were worth $891,000 at the end of the most recent quarter.

InfraCap Equity Income Fund ETF Stock Performance

InfraCap Equity Income Fund ETF stock opened at $28.25 on Tuesday. The stock’s 50 day simple moving average is $28.40 and its two-hundred day simple moving average is $28.17. The stock has a market cap of $114.98 million, a price-to-earnings ratio of 19.06 and a beta of 0.99. InfraCap Equity Income Fund ETF has a fifty-two week low of $25.56 and a fifty-two week high of $29.32.

InfraCap Equity Income Fund ETF 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.