iShares LifePath Target Date 2055 ETF (NYSEARCA:ITDG – Get Free Report) was the target of a large growth in short interest in the month of March. As of March 31st, there was short interest totaling 9,321 shares, a growth of 130.5% from the March 15th total of 4,044 shares. Approximately 0.8% of the shares of the stock are short sold. Based on an average daily trading volume, of 9,716 shares, the days-to-cover ratio is currently 1.0 days.
Institutional Investors Weigh In On iShares LifePath Target Date 2055 ETF
A hedge fund recently bought a new stake in iShares LifePath Target Date 2055 ETF stock. Citadel Advisors LLC purchased a new stake in shares of iShares LifePath Target Date 2055 ETF (NYSEARCA:ITDG – Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 8,481 shares of the company’s stock, valued at approximately $315,000. Citadel Advisors LLC owned about 1.09% of iShares LifePath Target Date 2055 ETF as of its most recent SEC filing.
iShares LifePath Target Date 2055 ETF Price Performance
Shares of NYSEARCA:ITDG opened at $39.97 on Tuesday. The business’s fifty day moving average price is $38.31 and its two-hundred day moving average price is $38.00. iShares LifePath Target Date 2055 ETF has a fifty-two week low of $29.14 and a fifty-two week high of $39.97. The stock has a market capitalization of $46.37 million, a price-to-earnings ratio of 20.29 and a beta of 0.90.
About iShares LifePath Target Date 2055 ETF
The iShares LifePath Target Date 2055 ETF (ITDG) 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 2055 ITDG was launched on Oct 17, 2023 and is issued by BlackRock.
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