iShares LifePath Target Date 2050 ETF (NYSEARCA:ITDF – Get Free Report) shares were up 0.4% on Friday . The company traded as high as $41.27 and last traded at $41.13. Approximately 14,727 shares traded hands during trading, a decline of 3% from the average daily volume of 15,251 shares. The stock had previously closed at $40.96.
iShares LifePath Target Date 2050 ETF Stock Performance
The company has a market capitalization of $69.92 million, a price-to-earnings ratio of 20.56 and a beta of 0.86. The company has a 50-day moving average price of $40.01 and a 200-day moving average price of $38.57.
Institutional Trading of iShares LifePath Target Date 2050 ETF
Several large investors have recently modified their holdings of the stock. Sound Financial Strategies Group LLC acquired a new stake in iShares LifePath Target Date 2050 ETF in the fourth quarter valued at about $201,000. Susquehanna International Group LLP raised its position in iShares LifePath Target Date 2050 ETF by 28.3% in the third quarter. Susquehanna International Group LLP now owns 14,096 shares of the company’s stock valued at $518,000 after purchasing an additional 3,107 shares during the last quarter. Citadel Advisors LLC raised its position in iShares LifePath Target Date 2050 ETF by 78.6% in the third quarter. Citadel Advisors LLC now owns 14,107 shares of the company’s stock valued at $518,000 after purchasing an additional 6,208 shares during the last quarter. Finally, Jane Street Group LLC bought a new position in iShares LifePath Target Date 2050 ETF in the fourth quarter valued at about $816,000.
About iShares LifePath Target Date 2050 ETF
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.
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