Chicago Partners Investment Group LLC Purchases New Shares in Invesco MSCI EAFE Income Advantage ETF $EFAA

Chicago Partners Investment Group LLC purchased a new stake in Invesco MSCI EAFE Income Advantage ETF (NYSEARCA:EFAA) in the third quarter, HoldingsChannel reports. The firm purchased 95,150 shares of the company’s stock, valued at approximately $5,154,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Apollon Wealth Management LLC lifted its holdings in Invesco MSCI EAFE Income Advantage ETF by 9.0% during the 3rd quarter. Apollon Wealth Management LLC now owns 10,649 shares of the company’s stock worth $585,000 after buying an additional 879 shares in the last quarter. Simplicity Wealth LLC bought a new position in Invesco MSCI EAFE Income Advantage ETF in the 3rd quarter valued at $342,000. Brookstone Capital Management bought a new position in Invesco MSCI EAFE Income Advantage ETF in the 3rd quarter valued at $8,313,000. Root Financial Partners LLC bought a new position in Invesco MSCI EAFE Income Advantage ETF in the 3rd quarter valued at $465,000. Finally, Brown Lisle Cummings Inc. increased its stake in shares of Invesco MSCI EAFE Income Advantage ETF by 8.3% in the 3rd quarter. Brown Lisle Cummings Inc. now owns 41,984 shares of the company’s stock valued at $2,307,000 after buying an additional 3,224 shares during the period.

Invesco MSCI EAFE Income Advantage ETF Stock Performance

NYSEARCA EFAA opened at $54.11 on Friday. The stock has a market capitalization of $671.51 million, a P/E ratio of 16.37 and a beta of 0.38. Invesco MSCI EAFE Income Advantage ETF has a 52 week low of $51.10 and a 52 week high of $57.39. The stock has a fifty day moving average of $55.24 and a 200-day moving average of $55.24.

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.