You don't have to buy a Bowtech, Matthews or Hoyt to get a good quality bow.

I currently shoot a Matthews Drenalin but it has nothing to do with it being a Matthews and everything to do with how it felt when I shot it. I shot Bowtech, Hoyt, Bear, Mission, Diamond and PSE when I bought my bow. At the time, the Drenalin felt better to me than any bow available. I just shot a bow that feels better than my Drenalin that I'm going to get for next year. It's a Quest Primal.

The Primal is over $400, but I'm pretty sure they have a model in your price range. I would highly recommend you check Quest out, as well as Bear, Diamond, Mission and Parker to name a few. Everyone of these lines are available at local archery shops, at least in my area, if you want to support them, which I do.

Good luck.