iShares LifePath Target Date 2045 ETF (NYSEARCA:ITDE) Shares Up 0.2% – Here’s What Happened

Shares of iShares LifePath Target Date 2045 ETF (NYSEARCA:ITDE) were up 0.2% during mid-day trading on Friday . The stock traded as high as $40.15 and last traded at $40.13. Approximately 5,151 shares traded hands during trading, a decline of 62% from the average session volume of 13,407 shares. The stock had previously closed at $40.04.

iShares LifePath Target Date 2045 ETF Price Performance

The company has a market cap of $86.68 million, a price-to-earnings ratio of 20.03 and a beta of 0.80. The business’s fifty day moving average price is $39.64 and its 200 day moving average price is $37.95.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Susquehanna International Group LLP grew its position in shares of iShares LifePath Target Date 2045 ETF by 38.4% in the 3rd quarter. Susquehanna International Group LLP now owns 9,001 shares of the company’s stock valued at $323,000 after buying an additional 2,496 shares during the last quarter. Sunbelt Securities Inc. increased its stake in shares of iShares LifePath Target Date 2045 ETF by 2,054.5% in the third quarter. Sunbelt Securities Inc. now owns 2,607 shares of the company’s stock valued at $94,000 after buying an additional 2,486 shares during the period. Capital Advisors Ltd. LLC acquired a new stake in shares of iShares LifePath Target Date 2045 ETF in the fourth quarter valued at about $53,000. Finally, Geneos Wealth Management Inc. bought a new position in shares of iShares LifePath Target Date 2045 ETF during the first quarter worth about $34,000.

iShares LifePath Target Date 2045 ETF Company Profile

The iShares LifePath Target Date 2045 ETF USD (ITDE) 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 2045 ITDE was launched on Oct 17, 2023 and is issued by BlackRock.