iShares LifePath Target Date 2040 ETF (NYSEARCA:ITDD – Get Free Report)’s share price were up 0.1% on Tuesday . The stock traded as high as $38.16 and last traded at $37.82. Approximately 16,215 shares were traded during mid-day trading, a decline of 28% from the average daily volume of 22,641 shares. The stock had previously closed at $37.80.
iShares LifePath Target Date 2040 ETF Price Performance
The stock has a market cap of $90.77 million, a P/E ratio of 20.77 and a beta of 0.73. The firm’s fifty day moving average price is $37.21 and its two-hundred day moving average price is $36.29.
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in ITDD. Jane Street Group LLC bought a new position in shares of iShares LifePath Target Date 2040 ETF in the fourth quarter worth $638,000. Bellwether Advisors LLC bought a new position in shares of iShares LifePath Target Date 2040 ETF in the fourth quarter worth $249,000. McIlrath & Eck LLC increased its stake in iShares LifePath Target Date 2040 ETF by 7,953.1% in the fourth quarter. McIlrath & Eck LLC now owns 2,577 shares of the company’s stock valued at $91,000 after acquiring an additional 2,545 shares during the last quarter. Sunbelt Securities Inc. bought a new position in iShares LifePath Target Date 2040 ETF in the third quarter valued at $79,000. Finally, Capital Advisors Ltd. LLC bought a new position in iShares LifePath Target Date 2040 ETF in the fourth quarter valued at $41,000.
About iShares LifePath Target Date 2040 ETF
The iShares LifePath Target Date 2040 ETF (ITDD) 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 2040 ITDD was launched on Oct 17, 2023 and is issued by BlackRock.
See Also
- Five stocks we like better than iShares LifePath Target Date 2040 ETF
- The Bank of Mom and Dad Is Booming—3 Stocks to Watch
- Corning Is Paving AI’s Future With Glass
- Why’s Amazon Suddenly Lagging the S&P 500, and Is It a Warning?
- Crypto Winter Is Here: 3 Stocks To Put On Ice This Summer
Receive News & Ratings for iShares LifePath Target Date 2040 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 2040 ETF and related companies with MarketBeat.com's FREE daily email newsletter.
