Cwm LLC Lowers Position in Invesco Dynamic Software ETF (NYSEARCA:PSJ)

Cwm LLC cut its stake in Invesco Dynamic Software ETF (NYSEARCA:PSJ) by 20.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,428 shares of the company’s stock after selling 1,125 shares during the period. Cwm LLC’s holdings in Invesco Dynamic Software ETF were worth $145,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Clear Creek Financial Management LLC purchased a new stake in Invesco Dynamic Software ETF in the fourth quarter worth about $199,000. Camelot Portfolios LLC bought a new position in shares of Invesco Dynamic Software ETF during the fourth quarter valued at approximately $207,000. Sandy Cove Advisors LLC bought a new position in shares of Invesco Dynamic Software ETF during the fourth quarter valued at approximately $186,000. WBH Advisory Inc. bought a new stake in shares of Invesco Dynamic Software ETF during the fourth quarter valued at approximately $188,000. Finally, EP Wealth Advisors LLC increased its position in shares of Invesco Dynamic Software ETF by 2,734.8% during the third quarter. EP Wealth Advisors LLC now owns 24,663 shares of the company’s stock valued at $799,000 after acquiring an additional 23,793 shares in the last quarter.

Invesco Dynamic Software ETF Stock Up 0.6 %

Shares of PSJ opened at $32.65 on Monday. The company has a market capitalization of $210.92 million, a P/E ratio of 40.99 and a beta of 1.51. The firm has a 50 day moving average of $43.84 and a 200 day moving average of $39.41. Invesco Dynamic Software ETF has a twelve month low of $28.56 and a twelve month high of $38.22.

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.