Invesco Dynamic Software ETF (NYSEARCA:PSJ – Get Free Report) shares traded up 2.6% during trading on Wednesday. The stock traded as high as $91.53 and last traded at $91.34. Approximately 58,467 shares changed hands during mid-day trading, an increase of 242% from the average daily volume of 17,076 shares. The stock had previously closed at $89.0653.
Invesco Dynamic Software ETF Price Performance
The firm has a market cap of $486.09 million, a P/E ratio of 28.76 and a beta of 1.01. The stock’s 50 day simple moving average is $95.66 and its two-hundred day simple moving average is $83.05.
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. 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.
Read More
- Five stocks we like better than Invesco Dynamic Software ETF
- Amazon’s Record Margins Couldn’t Stop the Sell-Off—Here’s Why
- DoorDash’s $17 Billion Bet on Instacart Faces a Long Regulatory Road Ahead
- FTC Puts A Wrinkle In the Cintas and UniFirst Merger
- Breaching the Valuation: The Real Reason Fortinet Dropped
Receive News & Ratings for Invesco Dynamic Software ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Dynamic Software ETF and related companies with MarketBeat.com's FREE daily email newsletter.
