iShares LifePath Target Date 2055 ETF (NYSEARCA:ITDG – Get Free Report) was the recipient of a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 2,731 shares, a decrease of 68.8% from the September 30th total of 8,750 shares. Based on an average trading volume of 12,054 shares, the short-interest ratio is currently 0.2 days. Currently, 0.2% of the shares of the company are sold short.
iShares LifePath Target Date 2055 ETF Stock Performance
NYSEARCA:ITDG opened at $42.39 on Wednesday. The firm’s fifty day moving average is $42.76 and its two-hundred day moving average is $40.89. The firm has a market cap of $68.67 million, a price-to-earnings ratio of 20.29 and a beta of 0.90. iShares LifePath Target Date 2055 ETF has a one year low of $35.91 and a one year high of $43.72.
Hedge Funds Weigh In On iShares LifePath Target Date 2055 ETF
A hedge fund recently raised its position in iShares LifePath Target Date 2055 ETF stock. Sunbelt Securities Inc. boosted its stake in iShares LifePath Target Date 2055 ETF (NYSEARCA:ITDG – Free Report) by 106.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,595 shares of the company’s stock after buying an additional 1,338 shares during the quarter. Sunbelt Securities Inc. owned approximately 0.21% of iShares LifePath Target Date 2055 ETF worth $96,000 at the end of the most recent reporting period.
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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