Wealth Enhancement Advisory Services LLC Invests $1.62 Million in Invesco MSCI EAFE Income Advantage ETF $EFAA

Wealth Enhancement Advisory Services LLC acquired a new position in shares of Invesco MSCI EAFE Income Advantage ETF (NYSEARCA:EFAA) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 29,599 shares of the company’s stock, valued at approximately $1,621,000. Wealth Enhancement Advisory Services LLC owned 0.54% of Invesco MSCI EAFE Income Advantage ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Osaic Holdings Inc. acquired a new position in Invesco MSCI EAFE Income Advantage ETF in the second quarter valued at about $67,000. Private Trust Co. NA acquired a new position in shares of Invesco MSCI EAFE Income Advantage ETF during the 3rd quarter worth about $121,000. Cerity Partners LLC acquired a new position in shares of Invesco MSCI EAFE Income Advantage ETF during the 2nd quarter worth about $206,000. QP Wealth Management LLC bought a new stake in shares of Invesco MSCI EAFE Income Advantage ETF in the 4th quarter valued at about $258,000. Finally, Western Wealth Management LLC bought a new stake in shares of Invesco MSCI EAFE Income Advantage ETF in the 3rd quarter valued at about $271,000.

Invesco MSCI EAFE Income Advantage ETF Price Performance

Shares of NYSEARCA:EFAA opened at $53.02 on Friday. The firm’s 50 day simple moving average is $54.71 and its 200 day simple moving average is $53.92. Invesco MSCI EAFE Income Advantage ETF has a fifty-two week low of $43.61 and a fifty-two week high of $57.12. The company has a market capitalization of $408.78 million, a price-to-earnings 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.