iShares LifePath Target Date 2065 ETF (NYSEARCA:ITDI) Trading Up 0.5% – Should You Buy?

iShares LifePath Target Date 2065 ETF (NYSEARCA:ITDI)’s share price shot up 0.5% on Monday . The stock traded as high as $38.98 and last traded at $38.91. 8,191 shares changed hands during mid-day trading, an increase of 84% from the average session volume of 4,462 shares. The stock had previously closed at $38.73.

iShares LifePath Target Date 2065 ETF Stock Up 0.5%

The firm’s 50-day simple moving average is $37.95 and its 200 day simple moving average is $36.92. The stock has a market capitalization of $18.68 million, a P/E ratio of 20.19 and a beta of 0.87.

Institutional Trading of iShares LifePath Target Date 2065 ETF

An institutional investor recently bought a new position in iShares LifePath Target Date 2065 ETF stock. Orion Porfolio Solutions LLC purchased a new position in iShares LifePath Target Date 2065 ETF (NYSEARCA:ITDI) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 12,554 shares of the company’s stock, valued at approximately $465,000. Orion Porfolio Solutions LLC owned about 2.85% of iShares LifePath Target Date 2065 ETF as of its most recent filing with the Securities & Exchange Commission.

iShares LifePath Target Date 2065 ETF Company Profile

The iShares LifePath Target Date 2065 ETF (ITDI) 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 2065 ITDI was launched on Oct 17, 2023 and is issued by BlackRock.