Prospera Financial Services Inc Invests $875,000 in Invesco MSCI EAFE Income Advantage ETF $EFAA

Prospera Financial Services Inc bought a new position in shares of Invesco MSCI EAFE Income Advantage ETF (NYSEARCA:EFAA) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 16,181 shares of the company’s stock, valued at approximately $875,000.

A number of other institutional investors also recently modified their holdings of EFAA. Cerity Partners LLC bought a new stake in Invesco MSCI EAFE Income Advantage ETF during the second quarter worth $206,000. NewEdge Advisors LLC bought a new stake in Invesco MSCI EAFE Income Advantage ETF during the second quarter worth $1,473,000. Jane Street Group LLC grew its holdings in Invesco MSCI EAFE Income Advantage ETF by 172.6% during the second quarter. Jane Street Group LLC now owns 14,728 shares of the company’s stock worth $760,000 after buying an additional 9,325 shares in the last quarter. Bank of America Corp DE grew its holdings in Invesco MSCI EAFE Income Advantage ETF by 329.7% during the second quarter. Bank of America Corp DE now owns 11,817 shares of the company’s stock worth $610,000 after buying an additional 9,067 shares in the last quarter. Finally, Osaic Holdings Inc. bought a new stake in Invesco MSCI EAFE Income Advantage ETF during the second quarter worth $67,000.

Invesco MSCI EAFE Income Advantage ETF Trading Down 0.1%

Shares of Invesco MSCI EAFE Income Advantage ETF stock opened at $55.38 on Friday. The stock has a fifty day simple moving average of $54.17 and a 200 day simple moving average of $54.41. Invesco MSCI EAFE Income Advantage ETF has a 12-month low of $49.73 and a 12-month high of $57.12. The company has a market capitalization of $490.67 million, a P/E ratio of 16.37 and a beta of 0.38.

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.