iShares LifePath Target Date 2060 ETF (NYSEARCA:ITDH) Trading Down 0.3% – Here’s Why

iShares LifePath Target Date 2060 ETF (NYSEARCA:ITDH) shares traded down 0.3% on Monday . The company traded as low as $37.90 and last traded at $37.90. 2,217 shares changed hands during mid-day trading, a decline of 49% from the average session volume of 4,313 shares. The stock had previously closed at $38.03.

iShares LifePath Target Date 2060 ETF Stock Performance

The stock has a 50 day moving average of $37.42 and a two-hundred day moving average of $35.82. The stock has a market cap of $21.22 million, a PE ratio of 20.21 and a beta of 0.87.

Hedge Funds Weigh In On iShares LifePath Target Date 2060 ETF

A hedge fund recently bought a new stake in iShares LifePath Target Date 2060 ETF stock. Cyr Financial Inc. bought a new stake in shares of iShares LifePath Target Date 2060 ETF (NYSEARCA:ITDH) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 5,645 shares of the company’s stock, valued at approximately $209,000. Cyr Financial Inc. owned 1.01% of iShares LifePath Target Date 2060 ETF as of its most recent SEC filing.

About iShares LifePath Target Date 2060 ETF

The iShares LifePath Target Date 2060 ETF USD (ITDH) 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.