Bank of America Corp DE lifted its position in shares of Invesco Dynamic Software ETF (NYSEARCA:PSJ) by 8.6% during the 2nd quarter, Holdings Channel reports. The firm owned 75,081 shares of the company’s stock after purchasing an additional 5,972 shares during the quarter. Bank of America Corp DE’s holdings in Invesco Dynamic Software ETF were worth $8,619,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors have also recently added to or reduced their stakes in the company. Cambridge Investment Research Advisors Inc. increased its stake in shares of Invesco Dynamic Software ETF by 92.3% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 10,051 shares of the company’s stock worth $1,154,000 after purchasing an additional 4,823 shares during the last quarter. Jane Street Group LLC acquired a new position in Invesco Dynamic Software ETF in the 1st quarter valued at about $317,000. Advisor Group Holdings Inc. acquired a new position in Invesco Dynamic Software ETF in the 1st quarter valued at about $1,176,000. Pacific Sun Financial Corp grew its stake in Invesco Dynamic Software ETF by 3.0% in the 2nd quarter. Pacific Sun Financial Corp now owns 3,055 shares of the company’s stock valued at $351,000 after buying an additional 90 shares during the last quarter. Finally, Great Valley Advisor Group Inc. acquired a new position in Invesco Dynamic Software ETF in the 2nd quarter valued at about $379,000.
Shares of PSJ opened at $121.40 on Friday. Invesco Dynamic Software ETF has a 52 week low of $70.36 and a 52 week high of $131.11. The firm’s 50-day simple moving average is $121.13 and its 200 day simple moving average is $107.82.
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.
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