iShares LifePath Target Date 2035 ETF (NYSEARCA:ITDC) Trading 0.4% Higher – Time to Buy?

iShares LifePath Target Date 2035 ETF (NYSEARCA:ITDC)’s share price rose 0.4% on Thursday . The company traded as high as $34.64 and last traded at $34.58. Approximately 10,097 shares traded hands during trading, a decline of 68% from the average daily volume of 31,450 shares. The stock had previously closed at $34.45.

iShares LifePath Target Date 2035 ETF Price Performance

The business has a 50-day moving average of $34.35 and a 200 day moving average of $33.73. The company has a market capitalization of $71.23 million, a PE ratio of 20.04 and a beta of 0.67.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in iShares LifePath Target Date 2035 ETF stock. Creative Planning purchased a new stake in shares of iShares LifePath Target Date 2035 ETF (NYSEARCA:ITDC) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 5,983 shares of the company’s stock, valued at approximately $203,000. Creative Planning owned approximately 0.34% of iShares LifePath Target Date 2035 ETF as of its most recent SEC filing.

About iShares LifePath Target Date 2035 ETF

The iShares LifePath Target Date 2035 ETF USD (ITDC) 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 2035 ITDC was launched on Oct 17, 2023 and is issued by BlackRock.