iShares LifePath Target Date 2030 ETF (NYSEARCA:ITDB) Trading Up 0.5% – What’s Next?

Shares of iShares LifePath Target Date 2030 ETF (NYSEARCA:ITDB) shot up 0.5% on Friday . The company traded as high as $33.37 and last traded at $33.36. 21,919 shares changed hands during trading, a decline of 25% from the average session volume of 29,403 shares. The stock had previously closed at $33.21.

iShares LifePath Target Date 2030 ETF Stock Performance

The firm has a fifty day simple moving average of $33.24 and a 200-day simple moving average of $32.63. The firm has a market cap of $51.37 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 purchased a new stake in iShares LifePath Target Date 2030 ETF (NYSEARCA:ITDB) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 10,166 shares of the company’s stock, valued at approximately $335,000. Susquehanna International Group LLP owned 0.83% of iShares LifePath Target Date 2030 ETF as of its most recent SEC filing.

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. The fund is intended for investors who anticipate retiring around 2030 ITDB was launched on Oct 17, 2023 and is issued by BlackRock.