Wealth Enhancement Advisory Services LLC Makes New Investment in Invesco MSCI EAFE Income Advantage ETF $EFAA

Wealth Enhancement Advisory Services LLC bought a new stake in Invesco MSCI EAFE Income Advantage ETF (NYSEARCA:EFAA) during the fourth quarter, HoldingsChannel.com reports. The fund bought 29,599 shares of the company’s stock, valued at approximately $1,621,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Osaic Holdings Inc. bought a new stake in Invesco MSCI EAFE Income Advantage ETF during the second quarter worth about $67,000. Private Trust Co. NA bought a new position in shares of Invesco MSCI EAFE Income Advantage ETF in the third quarter valued at $121,000. Cerity Partners LLC acquired a new position in Invesco MSCI EAFE Income Advantage ETF during the second quarter worth $206,000. QP Wealth Management LLC acquired a new position in Invesco MSCI EAFE Income Advantage ETF during the fourth quarter worth $258,000. Finally, Western Wealth Management LLC bought a new stake in Invesco MSCI EAFE Income Advantage ETF during the third quarter worth $271,000.

Invesco MSCI EAFE Income Advantage ETF Price Performance

Shares of EFAA stock opened at $53.02 on Friday. The company has a fifty day moving average price of $54.71 and a two-hundred day moving average price of $53.92. Invesco MSCI EAFE Income Advantage ETF has a one year low of $43.61 and a one year high of $57.12. The stock has a market cap of $408.78 million, a P/E ratio of 16.37 and a beta of 0.25.

Invesco MSCI EAFE Income Advantage ETF Profile

The Invesco MSCI EAFE Income Advantage ETF (EFAA) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed, fund-of-funds, that utilizes equity securities and ETFs to mirror the MSCI EAFE Index. The fund also employs an options-based income strategy with equity-linked notes (ELNs) for upside participation and downside protection EFAA was launched on Jul 17, 2024 and is issued by Invesco.