Short Interest in iShares LifePath Target Date 2060 ETF (NYSEARCA:ITDH) Expands By 24.7%

iShares LifePath Target Date 2060 ETF (NYSEARCA:ITDHGet Free Report) was the target of a large growth in short interest in January. As of January 15th, there was short interest totaling 12,170 shares, a growth of 24.7% from the December 31st total of 9,762 shares. Currently, 1.8% of the shares of the stock are short sold. Based on an average trading volume of 7,483 shares, the days-to-cover ratio is currently 1.6 days. Based on an average trading volume of 7,483 shares, the days-to-cover ratio is currently 1.6 days. Currently, 1.8% of the shares of the stock are short sold.

iShares LifePath Target Date 2060 ETF Stock Down 0.3%

NYSEARCA ITDH traded down $0.13 during mid-day trading on Tuesday, hitting $38.88. The stock had a trading volume of 9,246 shares, compared to its average volume of 7,234. The company has a 50 day simple moving average of $38.21 and a 200 day simple moving average of $37.09. The company has a market cap of $25.66 million, a price-to-earnings ratio of 20.21 and a beta of 0.87. iShares LifePath Target Date 2060 ETF has a 52-week low of $27.20 and a 52-week high of $39.41.

Institutional Investors Weigh In On iShares LifePath Target Date 2060 ETF

A hedge fund recently bought a new stake in iShares LifePath Target Date 2060 ETF stock. Wealth Enhancement Advisory Services LLC bought a new stake in shares of iShares LifePath Target Date 2060 ETF (NYSEARCA:ITDHFree Report) in the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 7,780 shares of the company’s stock, valued at approximately $299,000. Wealth Enhancement Advisory Services LLC owned approximately 1.30% of iShares LifePath Target Date 2060 ETF at the end of the most recent quarter.

iShares LifePath Target Date 2060 ETF Company Profile

(Get Free Report)

The iShares LifePath Target Date 2060 ETF USD (ITDH) 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 2060 ITDH was launched on Oct 17, 2023 and is issued by BlackRock.

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