iShares LifePath Target Date 2050 ETF (NYSEARCA:ITDF) Stock Price Up 1.2% – Here’s What Happened

iShares LifePath Target Date 2050 ETF (NYSEARCA:ITDF)’s share price traded up 1.2% during trading on Monday . The company traded as high as $31.80 and last traded at $31.80. 8,330 shares were traded during mid-day trading, an increase of 77% from the average session volume of 4,699 shares. The stock had previously closed at $31.41.

iShares LifePath Target Date 2050 ETF Stock Performance

The business’s 50 day moving average is $32.02 and its 200 day moving average is $31.98. The company has a market capitalization of $22.69 million, a price-to-earnings ratio of 20.58 and a beta of 0.94.

Hedge Funds Weigh In On iShares LifePath Target Date 2050 ETF

A hedge fund recently bought a new stake in iShares LifePath Target Date 2050 ETF stock. Principal Securities Inc. acquired a new position in iShares LifePath Target Date 2050 ETF (NYSEARCA:ITDF) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 1,055 shares of the company’s stock, valued at approximately $33,000. Principal Securities Inc. owned 0.33% of iShares LifePath Target Date 2050 ETF as of its most recent filing with the Securities & Exchange Commission.

About iShares LifePath Target Date 2050 ETF

The iShares LifePath Target Date 2050 ETF USD (ITDF) is an exchange-traded fund that mostly invests in target date asset allocation. The fund is an actively managed fund-of-funds that invests in equity, fixed income, and money market ETFs using an asset allocation strategy that shifts exposure as the target retirement date approaches.