Invesco Dynamic Software ETF (NYSEARCA:PSJ) Stock Price Down 0.6%

Invesco Dynamic Software ETF (NYSEARCA:PSJ) shares fell 0.6% on Wednesday . The company traded as low as $43.15 and last traded at $43.15. 35,846 shares changed hands during trading, an increase of 110% from the average session volume of 17,076 shares. The stock had previously closed at $43.43.

Invesco Dynamic Software ETF Trading Down 0.6 %

The firm has a market capitalization of $296.44 million, a price-to-earnings ratio of 40.07 and a beta of 1.54. The company has a fifty day moving average price of $42.96 and a 200-day moving average price of $43.95.

Institutional Investors Weigh In On Invesco Dynamic Software ETF

A hedge fund recently bought a new stake in Invesco Dynamic Software ETF stock. Mitchell Sinkler & Starr PA purchased a new position in Invesco Dynamic Software ETF (NYSEARCA:PSJ) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 1,788 shares of the company’s stock, valued at approximately $58,000.

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.