iShares LifePath Target Date 2050 ETF (NYSEARCA:ITDF – Get Free Report)’s stock price were up 0.3% during mid-day trading on Friday . The company traded as high as $41.23 and last traded at $41.23. Approximately 2,861 shares traded hands during mid-day trading, a decline of 80% from the average daily volume of 14,034 shares. The stock had previously closed at $41.11.
iShares LifePath Target Date 2050 ETF Stock Up 0.3%
The firm has a fifty day simple moving average of $41.18 and a 200-day simple moving average of $39.48. The company has a market capitalization of $84.11 million, a P/E ratio of 20.56 and a beta of 0.86.
Hedge Funds Weigh In On iShares LifePath Target Date 2050 ETF
Institutional investors and hedge funds have recently modified their holdings of the business. Jane Street Group LLC acquired a new stake in iShares LifePath Target Date 2050 ETF during the 4th quarter worth approximately $816,000. Citadel Advisors LLC lifted its stake in iShares LifePath Target Date 2050 ETF by 78.6% in the third quarter. Citadel Advisors LLC now owns 14,107 shares of the company’s stock valued at $518,000 after buying an additional 6,208 shares in the last quarter. Sound Financial Strategies Group LLC bought a new position in iShares LifePath Target Date 2050 ETF in the fourth quarter valued at approximately $201,000. Finally, Susquehanna International Group LLP boosted its holdings in shares of iShares LifePath Target Date 2050 ETF by 28.3% in the third quarter. Susquehanna International Group LLP now owns 14,096 shares of the company’s stock valued at $518,000 after buying an additional 3,107 shares during the period.
iShares LifePath Target Date 2050 ETF Company Profile
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. The fund is intended for investors who anticipate retiring around 2050. ITDF was launched on Oct 17, 2023 and is issued by BlackRock.
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