Invesco Dynamic Software ETF (NYSEARCA:PSJ) Stock Price Down 0.5% – What’s Next?

Invesco Dynamic Software ETF (NYSEARCA:PSJ – Get Free Report)’s share price fell 0.5% during trading on Wednesday. The stock traded as low as $103.10 and last traded at $103.20. Approximately 119,677 shares traded hands during trading, an increase of 601% from the average session volume of 17,076 shares. The stock had previously closed at $103.71.

Invesco Dynamic Software ETF Stock Down 0.5%

The stock has a market capitalization of $554.18 million, a P/E ratio of 28.76 and a beta of 1.01. The company has a fifty day simple moving average of $94.89 and a two-hundred day simple moving average of $88.55.

About Invesco Dynamic Software ETF

(Get Free Report)

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. The Index consists of stocks of 30 United States software companies. These are companies that are principally engaged in the research, design, production or distribution of products or processes that relate to software applications and systems, and information-based services.

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