Invesco Dynamic Software ETF (NYSEARCA:PSJ – Get Free Report) dropped 0.6% during mid-day trading on Tuesday . The company traded as low as $39.40 and last traded at $40.49. Approximately 62,481 shares changed hands during trading, an increase of 266% from the average daily volume of 17,076 shares. The stock had previously closed at $40.74.
Invesco Dynamic Software ETF Price Performance
The company’s 50 day simple moving average is $45.36 and its 200 day simple moving average is $45.38. The stock has a market cap of $384.25 million, a P/E ratio of 29.27 and a beta of 1.05.
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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