Invesco Dynamic Software ETF (NYSEARCA:PSJ) Trading 0.6% Higher – Still a Buy?

Invesco Dynamic Software ETF (NYSEARCA:PSJGet Free Report) shares were up 0.6% on Tuesday . The company traded as high as $43.20 and last traded at $43.02. 60,118 shares were traded during trading, an increase of 252% from the average daily volume of 17,076 shares. The stock had previously closed at $42.77.

Invesco Dynamic Software ETF Price Performance

The firm has a market capitalization of $408.26 million, a P/E ratio of 28.43 and a beta of 1.05. The firm’s fifty day moving average price is $46.57 and its 200-day moving average price is $45.33.

Invesco Dynamic Software ETF Company Profile

(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.

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