iShares LifePath Target Date 2030 ETF (NYSEARCA:ITDB) Shares Up 0.4% – Here’s Why

iShares LifePath Target Date 2030 ETF (NYSEARCA:ITDB) shares traded up 0.4% during trading on Thursday . The company traded as high as $33.47 and last traded at $33.40. 21,684 shares changed hands during mid-day trading, an increase of 83% from the average session volume of 11,821 shares. The stock had previously closed at $33.26.

iShares LifePath Target Date 2030 ETF Price Performance

The firm has a 50 day simple moving average of $33.27 and a 200-day simple moving average of $32.37. The company has a market cap of $40.75 million, a price-to-earnings ratio of 20.07 and a beta of 0.60.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in iShares LifePath Target Date 2030 ETF stock. Susquehanna International Group LLP acquired a new stake in iShares LifePath Target Date 2030 ETF (NYSEARCA:ITDB) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 10,166 shares of the company’s stock, valued at approximately $335,000. Susquehanna International Group LLP owned approximately 0.83% of iShares LifePath Target Date 2030 ETF at the end of the most recent quarter.

About iShares LifePath Target Date 2030 ETF

The iShares LifePath Target Date 2030 ETF (ITDB) 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.