NewEdge Advisors LLC Buys 25,479 Shares of Invesco MSCI EAFE Income Advantage ETF $EFAA

NewEdge Advisors LLC grew its stake in Invesco MSCI EAFE Income Advantage ETF (NYSEARCA:EFAA) by 60.5% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 67,603 shares of the company’s stock after buying an additional 25,479 shares during the period. NewEdge Advisors LLC’s holdings in Invesco MSCI EAFE Income Advantage ETF were worth $3,565,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in EFAA. LPL Financial LLC grew its stake in shares of Invesco MSCI EAFE Income Advantage ETF by 27.0% during the 4th quarter. LPL Financial LLC now owns 536,601 shares of the company’s stock valued at $29,003,000 after acquiring an additional 114,090 shares during the period. Prevail Innovative Wealth Advisors LLC bought a new stake in Invesco MSCI EAFE Income Advantage ETF during the 4th quarter worth approximately $3,915,000. Chicago Partners Investment Group LLC raised 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 acquiring an additional 70,325 shares during the period. SageGuard Financial Group LLC purchased a new position in Invesco MSCI EAFE Income Advantage ETF during the fourth quarter valued at approximately $3,777,000. Finally, UBS Group AG lifted its holdings in Invesco MSCI EAFE Income Advantage ETF by 107.5% during the fourth quarter. UBS Group AG now owns 114,323 shares of the company’s stock valued at $6,179,000 after purchasing an additional 59,234 shares in the last quarter.

Invesco MSCI EAFE Income Advantage ETF Price Performance

EFAA opened at $57.31 on Thursday. The company has a 50 day simple moving average of $55.79 and a two-hundred day simple moving average of $55.13. The firm has a market cap of $630.98 million, a P/E ratio of 16.37 and a beta of 0.36. Invesco MSCI EAFE Income Advantage ETF has a 1-year low of $51.10 and a 1-year high of $57.39.

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.