Oppenheimer & Co. Inc. Acquires 2,821 Shares of Invesco Dynamic Software ETF (NYSEARCA:PSJ)

Oppenheimer & Co. Inc. raised its holdings in shares of Invesco Dynamic Software ETF (NYSEARCA:PSJFree Report) by 49.4% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 8,527 shares of the company’s stock after acquiring an additional 2,821 shares during the period. Oppenheimer & Co. Inc.’s holdings in Invesco Dynamic Software ETF were worth $276,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in PSJ. Money Concepts Capital Corp purchased a new stake in Invesco Dynamic Software ETF during the fourth quarter valued at about $34,000. Fifth Third Bancorp purchased a new stake in shares of Invesco Dynamic Software ETF during the second quarter worth about $42,000. Resurgent Financial Advisors LLC purchased a new stake in shares of Invesco Dynamic Software ETF during the fourth quarter worth about $50,000. US Bancorp DE purchased a new stake in shares of Invesco Dynamic Software ETF during the second quarter worth about $51,000. Finally, JPMorgan Chase & Co. boosted its holdings in shares of Invesco Dynamic Software ETF by 146.6% during the fourth quarter. JPMorgan Chase & Co. now owns 624 shares of the company’s stock worth $56,000 after purchasing an additional 371 shares during the period.

Invesco Dynamic Software ETF Trading Up 1.3 %

Invesco Dynamic Software ETF stock opened at $43.03 on Tuesday. The firm has a 50-day moving average of $38.26 and a 200-day moving average of $35.23. The firm has a market cap of $232.36 million, a P/E ratio of 30.88 and a beta of 1.01. Invesco Dynamic Software ETF has a 1-year low of $28.56 and a 1-year high of $38.22.

Invesco Dynamic Software ETF Company Profile

(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.

Further Reading

Want to see what other hedge funds are holding PSJ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Dynamic Software ETF (NYSEARCA:PSJFree Report).

Institutional Ownership by Quarter for Invesco Dynamic Software ETF (NYSEARCA:PSJ)

Receive News & Ratings for Invesco Dynamic Software ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Dynamic Software ETF and related companies with MarketBeat.com's FREE daily email newsletter.