Invesco Dynamic Software ETF (NYSEARCA:PSJ) Stock Price Down 1.1%

Invesco Dynamic Software ETF (NYSEARCA:PSJ) shares traded down 1.1% on Wednesday . The company traded as low as $40.10 and last traded at $40.26. 82,840 shares traded hands during trading, an increase of 385% from the average session volume of 17,076 shares. The stock had previously closed at $40.71.

Invesco Dynamic Software ETF Price Performance

The firm’s fifty day moving average is $44.69 and its two-hundred day moving average is $43.80. The firm has a market capitalization of $289.16 million, a PE ratio of 40.07 and a beta of 1.54.

Institutional Trading of Invesco Dynamic Software ETF

An institutional investor recently bought a new position in Invesco Dynamic Software ETF stock. Jones Financial Companies Lllp purchased a new stake in shares of Invesco Dynamic Software ETF (NYSEARCA:PSJ) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 5,733 shares of the company’s stock, valued at approximately $187,000. Jones Financial Companies Lllp owned about 0.11% of Invesco Dynamic Software ETF at the end of the most recent reporting period.

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.