iShares LifePath Target Date 2065 ETF (NYSEARCA:ITDI) Shares Down 0.3% – Should You Sell?

iShares LifePath Target Date 2065 ETF (NYSEARCA:ITDI) shares fell 0.3% on Thursday . The stock traded as low as $39.01 and last traded at $39.16. 38,746 shares traded hands during trading, an increase of 597% from the average session volume of 5,556 shares. The stock had previously closed at $39.28.

iShares LifePath Target Date 2065 ETF Price Performance

The stock’s 50-day moving average is $38.51 and its two-hundred day moving average is $37.42. The company has a market cap of $18.80 million, a P/E ratio of 20.19 and a beta of 0.87.

Hedge Funds Weigh In On iShares LifePath Target Date 2065 ETF

An institutional investor recently raised its position in iShares LifePath Target Date 2065 ETF stock. Heck Capital Advisors LLC increased its stake in shares of iShares LifePath Target Date 2065 ETF (NYSEARCA:ITDI) by 14.7% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 6,763 shares of the company’s stock after acquiring an additional 866 shares during the quarter. Heck Capital Advisors LLC owned about 1.61% of iShares LifePath Target Date 2065 ETF worth $251,000 at the end of the most recent quarter.

About iShares LifePath Target Date 2065 ETF

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.