Invesco Dynamic Software ETF (NYSEARCA:PSJ – Get Free Report)’s share price fell 1.2% during mid-day trading on Friday . The stock traded as low as $45.71 and last traded at $46.26. 38,219 shares changed hands during trading, an increase of 124% from the average session volume of 17,076 shares. The stock had previously closed at $46.80.
Invesco Dynamic Software ETF Price Performance
The company has a market capitalization of $320.14 million, a price-to-earnings ratio of 40.07 and a beta of 1.54. The business’s 50 day simple moving average is $45.92 and its 200 day simple moving average is $44.65.
About Invesco Dynamic Software ETF
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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