iShares LifePath Target Date 2040 ETF (NYSEARCA:ITDD – Get Free Report)’s share price traded up 0.2% during trading on Monday . The company traded as high as $37.73 and last traded at $37.64. 34,215 shares changed hands during trading, an increase of 51% from the average session volume of 22,699 shares. The stock had previously closed at $37.56.
iShares LifePath Target Date 2040 ETF Price Performance
The company has a market capitalization of $90.34 million, a PE ratio of 20.77 and a beta of 0.74. The stock’s 50 day simple moving average is $36.25 and its 200-day simple moving average is $35.97.
Hedge Funds Weigh In On iShares LifePath Target Date 2040 ETF
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Capital Advisors Ltd. LLC purchased a new stake in shares of iShares LifePath Target Date 2040 ETF during the fourth quarter worth $41,000. Sunbelt Securities Inc. purchased a new position in iShares LifePath Target Date 2040 ETF in the third quarter valued at $79,000. McIlrath & Eck LLC grew its stake in iShares LifePath Target Date 2040 ETF by 7,953.1% during the 4th quarter. McIlrath & Eck LLC now owns 2,577 shares of the company’s stock worth $91,000 after purchasing an additional 2,545 shares in the last quarter. Bellwether Advisors LLC acquired a new position in iShares LifePath Target Date 2040 ETF during the 4th quarter worth $249,000. Finally, Jane Street Group LLC purchased a new stake in iShares LifePath Target Date 2040 ETF during the 4th quarter worth about $638,000.
iShares LifePath Target Date 2040 ETF Company Profile
The iShares LifePath Target Date 2040 ETF (ITDD) 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. The fund is intended for investors who anticipate retiring around 2040 ITDD was launched on Oct 17, 2023 and is issued by BlackRock.
Further Reading
- Five stocks we like better than iShares LifePath Target Date 2040 ETF
- Why Applied Optoelectronics Stock May Be Near a Turning Point
- From High-Yield to High-Growth: 3 Stocks Boosting Dividends
- Is Everspin Technologies the Next AI Edge Breakout?
- 5 Robotics Stocks to Watch as Physical AI Builds Momentum
Receive News & Ratings for iShares LifePath Target Date 2040 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares LifePath Target Date 2040 ETF and related companies with MarketBeat.com's FREE daily email newsletter.
