Invesco Dynamic Software ETF (NYSEARCA:PSJ) Shares Down 0.8% – What’s Next?

Shares of Invesco Dynamic Software ETF (NYSEARCA:PSJ) dropped 0.8% during trading on Monday . The stock traded as low as $48.54 and last traded at $48.62. Approximately 73,030 shares changed hands during mid-day trading, an increase of 328% from the average daily volume of 17,076 shares. The stock had previously closed at $48.99.

Invesco Dynamic Software ETF Price Performance

The stock has a market cap of $319.87 million, a price-to-earnings ratio of 40.07 and a beta of 1.54. The stock’s 50 day simple moving average is $47.16 and its two-hundred day simple moving average is $44.71.

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.