Invesco MSCI EAFE Income Advantage ETF (NYSEARCA:EFAA – Get Free Report) saw an uptick in trading volume on Monday. Approximately 265,030 shares changed hands during trading, an increase of 194% from the previous session’s volume of 90,289 shares. The stock last traded at $54.57 and had previously closed at $54.41.
Invesco MSCI EAFE Income Advantage ETF Stock Up 0.2%
The stock has a market cap of $662.96 million, a PE ratio of 16.37 and a beta of 0.38. The business has a 50 day moving average price of $56.18 and a 200 day moving average price of $55.39.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently made changes to their positions in EFAA. Lee Johnson Capital Management LLC lifted its holdings in Invesco MSCI EAFE Income Advantage ETF by 11.2% during the first quarter. Lee Johnson Capital Management LLC now owns 230,813 shares of the company’s stock valued at $12,173,000 after purchasing an additional 23,268 shares in the last quarter. Cetera Investment Advisers boosted its holdings in Invesco MSCI EAFE Income Advantage ETF by 58.2% in the 1st quarter. Cetera Investment Advisers now owns 152,789 shares of the company’s stock worth $8,058,000 after buying an additional 56,185 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in Invesco MSCI EAFE Income Advantage ETF by 17.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 120,115 shares of the company’s stock worth $6,698,000 after buying an additional 18,023 shares in the last quarter. NewEdge Advisors LLC increased its stake in Invesco MSCI EAFE Income Advantage ETF by 40.1% during the 2nd quarter. NewEdge Advisors LLC now owns 94,722 shares of the company’s stock worth $5,282,000 after buying an additional 27,119 shares in the last quarter. Finally, Chicago Partners Investment Group LLC increased its stake in Invesco MSCI EAFE Income Advantage ETF by 280.7% during the 1st quarter. Chicago Partners Investment Group LLC now owns 95,375 shares of the company’s stock worth $5,189,000 after buying an additional 70,325 shares in the last quarter.
About Invesco MSCI EAFE Income Advantage ETF
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.
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