iShares LifePath Target Date 2055 ETF (NYSEARCA:ITDG – Get Free Report) was the recipient of a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 24,396 shares, a growth of 36.1% from the February 12th total of 17,929 shares. Based on an average trading volume of 13,488 shares, the days-to-cover ratio is currently 1.8 days. Currently, 2.4% of the shares of the company are short sold. Currently, 2.4% of the shares of the company are short sold. Based on an average trading volume of 13,488 shares, the days-to-cover ratio is currently 1.8 days.
Hedge Funds 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 position in iShares LifePath Target Date 2055 ETF (NYSEARCA:ITDG – Free Report) by 1,710.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,086 shares of the company’s stock after buying an additional 1,026 shares during the period. Sunbelt Securities Inc. owned approximately 0.14% of iShares LifePath Target Date 2055 ETF worth $40,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
iShares LifePath Target Date 2055 ETF Price Performance
iShares LifePath Target Date 2055 ETF stock traded up $0.52 during midday trading on Monday, reaching $37.82. 1,356 shares of the company traded hands, compared to its average volume of 11,867. The firm has a market capitalization of $37.82 million, a price-to-earnings ratio of 20.29 and a beta of 0.87. The business has a 50 day moving average of $38.83 and a two-hundred day moving average of $37.85. iShares LifePath Target Date 2055 ETF has a 12 month low of $27.35 and a 12 month high of $39.92.
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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