Invesco Dynamic Software ETF (NYSEARCA:PSJ) Shares Down 2.9% – Should You Sell?

Invesco Dynamic Software ETF (NYSEARCA:PSJGet Free Report)’s share price traded down 2.9% during mid-day trading on Monday . The stock traded as low as $57.73 and last traded at $57.73. 37,113 shares changed hands during trading, an increase of 117% from the average session volume of 17,076 shares. The stock had previously closed at $59.47.

Invesco Dynamic Software ETF Price Performance

The business’s 50-day moving average price is $58.14 and its two-hundred day moving average price is $52.95. The firm has a market cap of $310.01 million, a price-to-earnings ratio of 28.76 and a beta of 1.01.

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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