Invesco Dynamic Software ETF (NYSEARCA:PSJ – Get Free Report) shares dropped 1.9% during trading on Thursday . The company traded as low as $47.83 and last traded at $47.83. Approximately 35,617 shares changed hands during mid-day trading, an increase of 109% from the average daily volume of 17,076 shares. The stock had previously closed at $48.74.
Invesco Dynamic Software ETF Stock Performance
The firm has a 50-day moving average of $45.49 and a 200-day moving average of $44.44. The firm has a market capitalization of $327.36 million, a P/E ratio of 40.07 and a beta of 1.54.
Invesco Dynamic Software ETF Company Profile
PowerShares Dynamic Software Portfolio (the Fund) is a non-diversified fund. The Fund seeks investment results that correspond generally to the price and yield of the Dynamic Software Intellidex Index (the Index). The Index is designed to provide capital appreciation by evaluating companies based on a variety of investment merit criteria, including fundamental growth, stock valuation, investment timeliness and risk factors.
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