MJP Associates Inc. ADV Acquires New Stake in Invesco MSCI EAFE Income Advantage ETF $EFAA

MJP Associates Inc. ADV bought a new position in shares of Invesco MSCI EAFE Income Advantage ETF (NYSEARCA:EFAA) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 25,488 shares of the company’s stock, valued at approximately $1,348,000.

A number of other institutional investors have also added to or reduced their stakes in EFAA. Osaic Holdings Inc. bought a new stake in shares of Invesco MSCI EAFE Income Advantage ETF during the 2nd quarter valued at about $67,000. Private Trust Co. NA bought a new position in shares of Invesco MSCI EAFE Income Advantage ETF in the third quarter worth approximately $121,000. Cerity Partners LLC purchased a new stake in Invesco MSCI EAFE Income Advantage ETF in the second quarter valued at approximately $206,000. Western Wealth Management LLC purchased a new stake in Invesco MSCI EAFE Income Advantage ETF in the third quarter valued at approximately $271,000. Finally, Stephens Inc. AR purchased a new position in Invesco MSCI EAFE Income Advantage ETF in the 3rd quarter worth approximately $275,000.

Invesco MSCI EAFE Income Advantage ETF Price Performance

Shares of NYSEARCA:EFAA opened at $56.82 on Wednesday. The company’s fifty day moving average price is $55.05 and its 200-day moving average price is $53.56. The firm has a market capitalization of $338.65 million, a price-to-earnings ratio of 16.37 and a beta of 0.25. Invesco MSCI EAFE Income Advantage ETF has a one year low of $43.61 and a one year high of $57.12.

Invesco MSCI EAFE Income Advantage ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, January 23rd. Investors of record on Tuesday, January 20th were paid a $0.3867 dividend. This is a boost from Invesco MSCI EAFE Income Advantage ETF’s previous monthly dividend of $0.38. This represents a c) dividend on an annualized basis and a yield of 8.2%. The ex-dividend date of this dividend was Tuesday, January 20th.

Invesco MSCI EAFE Income Advantage ETF Company 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.