iShares LifePath Target Date 2055 ETF (NYSEARCA:ITDG) Shares Down 2.8% – Should You Sell?

iShares LifePath Target Date 2055 ETF (NYSEARCA:ITDG)’s stock price fell 2.8% during mid-day trading on Thursday . The company traded as low as $28.42 and last traded at $29.15. 3,408 shares traded hands during mid-day trading, an increase of 16% from the average session volume of 2,931 shares. The stock had previously closed at $29.99.

iShares LifePath Target Date 2055 ETF Stock Performance

The firm has a fifty day simple moving average of $31.53 and a 200 day simple moving average of $31.96. The company has a market cap of $14.58 million, a PE ratio of 17.89 and a beta of 0.96.

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.