Invesco Dynamic Software ETF (NYSEARCA:PSJ – Get Free Report) crossed below its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $83.25 and traded as low as $81.07. Invesco Dynamic Software ETF shares last traded at $81.14, with a volume of 155,610 shares trading hands.
Invesco Dynamic Software ETF Stock Down 3.1%
The business has a 50-day moving average price of $95.29 and a two-hundred day moving average price of $83.25. The firm has a market cap of $435.72 million, a PE ratio of 28.76 and a beta of 1.01.
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. 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.
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