iShares LifePath Target Date 2035 ETF (NYSEARCA:ITDC) Trading Up 0.4% – Still a Buy?

iShares LifePath Target Date 2035 ETF (NYSEARCA:ITDC) shot up 0.4% during mid-day trading on Thursday . The stock traded as high as $34.64 and last traded at $34.58. 10,097 shares traded hands during mid-day trading, a decline of 68% from the average session volume of 31,450 shares. The stock had previously closed at $34.45.

iShares LifePath Target Date 2035 ETF Stock Performance

The company has a 50-day moving average price of $34.36 and a 200-day moving average price of $33.74. The company has a market capitalization of $74.84 million, a price-to-earnings ratio of 20.04 and a beta of 0.67.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in iShares LifePath Target Date 2035 ETF stock. Integrated Wealth Concepts LLC acquired a new position in iShares LifePath Target Date 2035 ETF (NYSEARCA:ITDC) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 11,501 shares of the company’s stock, valued at approximately $345,000. Integrated Wealth Concepts LLC owned approximately 1.17% of iShares LifePath Target Date 2035 ETF as of its most recent filing with the Securities and Exchange Commission.

About iShares LifePath Target Date 2035 ETF

The iShares LifePath Target Date 2035 ETF USD (ITDC) 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 2035 ITDC was launched on Oct 17, 2023 and is issued by BlackRock.