iShares LifePath Target Date 2035 ETF (NYSEARCA:ITDC) Trading 0.4% Higher – What’s Next?

iShares LifePath Target Date 2035 ETF (NYSEARCA:ITDC)’s stock price traded up 0.4% during mid-day trading on Friday . The stock traded as high as $33.74 and last traded at $33.74. 11,407 shares changed hands during trading, a decline of 22% from the average session volume of 14,676 shares. The stock had previously closed at $33.60.

iShares LifePath Target Date 2035 ETF Trading Up 0.4%

The firm has a fifty day simple moving average of $33.08 and a 200-day simple moving average of $31.49. The stock has a market cap of $46.56 million, a price-to-earnings ratio of 20.04 and a beta of 0.72.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Sunbelt Securities Inc. lifted its stake in shares of iShares LifePath Target Date 2035 ETF by 97.4% in the 1st quarter. Sunbelt Securities Inc. now owns 989 shares of the company’s stock valued at $30,000 after purchasing an additional 488 shares during the period. Citadel Advisors LLC acquired a new position in shares of iShares LifePath Target Date 2035 ETF in the 4th quarter valued at $208,000. Cyr Financial Inc. lifted its stake in shares of iShares LifePath Target Date 2035 ETF by 4.3% in the 1st quarter. Cyr Financial Inc. now owns 10,449 shares of the company’s stock valued at $313,000 after purchasing an additional 431 shares during the period. Finally, Integrated Wealth Concepts LLC acquired a new position in shares of iShares LifePath Target Date 2035 ETF in the 1st quarter valued at $345,000.

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.