iShares LifePath Target Date 2030 ETF (NYSEARCA:ITDB) Trading Up 0.5% – Here’s Why

iShares LifePath Target Date 2030 ETF (NYSEARCA:ITDB) were up 0.5% during mid-day trading on Friday . The stock traded as high as $33.37 and last traded at $33.36. Approximately 21,919 shares traded hands during trading, a decline of 25% from the average daily volume of 29,403 shares. The stock had previously closed at $33.21.

iShares LifePath Target Date 2030 ETF Stock Performance

The stock’s 50 day simple moving average is $33.24 and its two-hundred day simple moving average is $32.64. The firm has a market capitalization of $51.37 million, a PE ratio of 20.07 and a beta of 0.60.

Hedge Funds Weigh In On iShares LifePath Target Date 2030 ETF

An institutional investor recently bought a new position in iShares LifePath Target Date 2030 ETF stock. Susquehanna International Group LLP bought a new position in iShares LifePath Target Date 2030 ETF (NYSEARCA:ITDB) in the third quarter, according to its most recent disclosure with the SEC. The firm bought 10,166 shares of the company’s stock, valued at approximately $335,000. Susquehanna International Group LLP owned about 0.83% of iShares LifePath Target Date 2030 ETF as of its most recent SEC filing.

iShares LifePath Target Date 2030 ETF Company Profile

The iShares LifePath Target Date 2030 ETF (ITDB) 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 2030 ITDB was launched on Oct 17, 2023 and is issued by BlackRock.