ETF Worth Watching: PowerShares Dynamic Software ETF (PSJ) Rises 0.14% for Nov 23

November 23, 2016 - By kentuckypostne   ·   0 Comments

Nov 23 is a positive day so far for PowerShares Dynamic Software ETF (NYSEARCA:PSJ) as the ETF is active during the day after gaining 0.14% to hit $48.8 per share. The exchange traded fund has 91.01 million net assets and 1.13% volatility this month.

Over the course of the day 656 shares traded hands, as compared to an average volume of 7,050 over the last 30 days for PowerShares Dynamic Software ETF (NYSEARCA:PSJ).

The ETF is -2.56% of its 52-Week High and 35.92% of its low, and is currently having ATR of 0.69. This year’s performance is 12.61% while this quarter’s performance is -0.63%.

The ETF’s YTD performance is 11.17%, the 1 year is 8.32% and the 3 year is 11.79%.

The ETF’s average P/E ratio is 29.01, the price to book is 4.17, the price to sales is 4.14 and the price to cashflow is 16.12. It was started on 6/23/2005. The fund’s top holdings are: Vmware Inc. Common stock Clas for 5.35% of assets, Microsoft Corporation for 5.22%, Synopsys Inc. for 5.12%, Intuit Inc. for 5.01%, Liberty Broadband Corporation for 4.90%, Citrix Systems Inc. for 4.87%, Cerner Corporation for 4.61%, CA Inc. for 4.59%, Gigamon Inc. Common Stock for 3.41%, Ellie Mae Inc. Common Stock for 3.03%. The ETF sector weights are: Consumer Cyclical 2.63%, Communication Services 7.71%, Industrials 2.54%, Technology 87.11%. The ETF currently as yield.

More notable recent PowerShares Dynamic Software (ETF) (NYSEARCA:PSJ) news were published by: Etftrends.com which released: “You’re Missing out on a Super Software ETF” on April 24, 2015, also Seekingalpha.com with their article: “Comparing iShares and PowerShares Software ETFs: Performance vs. Liquidity” published on May 07, 2009, Etftrends.com published: “46 Tech ETFs to Tap Into Big Growth Names” on May 02, 2016. More interesting news about PowerShares Dynamic Software (ETF) (NYSEARCA:PSJ) were released by: Nasdaq.com and their article: “Progress Software Shares Cross Below 200 DMA” published on October 31, 2016 as well as Forbes.com‘s news article titled: “Short Interest Decreases By 12.2% For CTXS” with publication date: November 11, 2016.

PowerShares Dynamic Software Portfolio is a non-diversified fund. The ETF has a market cap of $91.01 million. The Fund seeks investment results that correspond generally to the price and yield of the Dynamic Software Intellidex Index (the Index). It has a 5.84 P/E ratio. 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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By kentuckypostne


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