iShares LifePath Target Date 2050 ETF (NYSEARCA:ITDF) Trading 0.8% Higher – Should You Buy?

iShares LifePath Target Date 2050 ETF (NYSEARCA:ITDFGet Free Report)’s stock price were up 0.8% on Friday . The company traded as high as $39.02 and last traded at $39.02. Approximately 19,287 shares traded hands during trading, an increase of 15% from the average daily volume of 16,703 shares. The stock had previously closed at $38.71.

iShares LifePath Target Date 2050 ETF Price Performance

The company has a market cap of $56.19 million, a P/E ratio of 20.56 and a beta of 0.85. The company has a fifty day simple moving average of $38.08 and a 200-day simple moving average of $37.08.

Institutional Investors Weigh In On iShares LifePath Target Date 2050 ETF

Several hedge funds have recently modified their holdings of ITDF. Sound Financial Strategies Group LLC acquired a new position in shares of iShares LifePath Target Date 2050 ETF in the 4th quarter valued at $201,000. Citadel Advisors LLC raised its holdings in iShares LifePath Target Date 2050 ETF by 78.6% during the 3rd quarter. Citadel Advisors LLC now owns 14,107 shares of the company’s stock worth $518,000 after buying an additional 6,208 shares during the period. Susquehanna International Group LLP lifted its stake in iShares LifePath Target Date 2050 ETF by 28.3% during the third quarter. Susquehanna International Group LLP now owns 14,096 shares of the company’s stock valued at $518,000 after buying an additional 3,107 shares in the last quarter. Finally, Jane Street Group LLC acquired a new position in shares of iShares LifePath Target Date 2050 ETF in the fourth quarter worth about $816,000.

About iShares LifePath Target Date 2050 ETF

(Get Free Report)

The iShares LifePath Target Date 2050 ETF USD (ITDF) 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 2050. ITDF was launched on Oct 17, 2023 and is issued by BlackRock.

See Also

Receive News & Ratings for iShares LifePath Target Date 2050 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares LifePath Target Date 2050 ETF and related companies with MarketBeat.com's FREE daily email newsletter.