Invesco DWA Financial Momentum ETF (NYSEARCA:PFI) Shares Down 3.5%

Shares of Invesco DWA Financial Momentum ETF (NYSEARCA:PFIGet Rating) dropped 3.5% during trading on Thursday . The stock traded as low as $38.16 and last traded at $38.22. Approximately 3,408 shares traded hands during mid-day trading, a decline of 82% from the average daily volume of 19,037 shares. The stock had previously closed at $39.59.

The company’s 50 day moving average is $44.30 and its 200 day moving average is $48.54.

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