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

iShares LifePath Target Date 2035 ETF (NYSEARCA:ITDC) shares were up 0.4% on Thursday . The stock traded as high as $34.64 and last traded at $34.58. Approximately 10,097 shares changed hands during mid-day trading, a decline of 68% from the average daily 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 market capitalization of $71.23 million, a P/E ratio of 20.04 and a beta of 0.67. The stock has a fifty day moving average of $34.35 and a 200 day moving average of $33.73.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in iShares LifePath Target Date 2035 ETF stock. Creative Planning bought a new position in shares of iShares LifePath Target Date 2035 ETF (NYSEARCA:ITDC) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 5,983 shares of the company’s stock, valued at approximately $203,000. Creative Planning owned 0.34% of iShares LifePath Target Date 2035 ETF at the end of the most recent quarter.

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.