iShares LifePath Target Date 2055 ETF (NYSEARCA:ITDG – Get Free Report) was the recipient of a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 2,731 shares, a drop of 68.8% from the September 30th total of 8,750 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average trading volume of 12,054 shares, the short-interest ratio is presently 0.2 days.
Institutional Investors Weigh In On iShares LifePath Target Date 2055 ETF
A hedge fund recently raised its stake in iShares LifePath Target Date 2055 ETF stock. Sunbelt Securities Inc. lifted its holdings in iShares LifePath Target Date 2055 ETF (NYSEARCA:ITDG – Free Report) by 106.4% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,595 shares of the company’s stock after acquiring an additional 1,338 shares during the period. Sunbelt Securities Inc. owned approximately 0.21% of iShares LifePath Target Date 2055 ETF worth $96,000 as of its most recent filing with the SEC.
iShares LifePath Target Date 2055 ETF Trading Down 0.1%
Shares of NYSEARCA:ITDG traded down $0.03 during trading on Thursday, reaching $42.48. 6,117 shares of the stock were exchanged, compared to its average volume of 9,867. iShares LifePath Target Date 2055 ETF has a 12 month low of $35.91 and a 12 month high of $43.72. The stock has a 50-day moving average price of $42.74 and a 200-day moving average price of $40.93. The firm has a market cap of $68.82 million, a PE ratio of 20.29 and a beta of 0.90.
iShares LifePath Target Date 2055 ETF Company Profile
The iShares LifePath Target Date 2055 ETF (ITDG) 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 2055 ITDG was launched on Oct 17, 2023 and is issued by BlackRock.
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