iShares LifePath Target Date 2055 ETF (NYSEARCA:ITDG) Shares Up 0.6% – Here’s What Happened

Shares of iShares LifePath Target Date 2055 ETF (NYSEARCA:ITDG) traded up 0.6% on Thursday . The stock traded as high as $38.84 and last traded at $38.73. 8,490 shares were traded during mid-day trading, a decline of 22% from the average session volume of 10,871 shares. The stock had previously closed at $38.51.

iShares LifePath Target Date 2055 ETF Stock Performance

The firm’s fifty day moving average price is $37.94 and its 200 day moving average price is $36.88. The firm has a market cap of $34.86 million, a P/E ratio of 20.29 and a beta of 0.87.

Institutional Trading of iShares LifePath Target Date 2055 ETF

An institutional investor recently raised its position in iShares LifePath Target Date 2055 ETF stock. Sunbelt Securities Inc. grew its stake in iShares LifePath Target Date 2055 ETF (NYSEARCA:ITDG) by 1,710.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,086 shares of the company’s stock after acquiring an additional 1,026 shares during the quarter. Sunbelt Securities Inc. owned about 0.14% of iShares LifePath Target Date 2055 ETF worth $40,000 at the end of the most recent quarter.

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. The fund is intended for investors who anticipate retiring around 2055 ITDG was launched on Oct 17, 2023 and is issued by BlackRock.