iShares LifePath Target Date 2030 ETF (NYSEARCA:ITDB) Stock Price Up 0.4% – Time to Buy?

iShares LifePath Target Date 2030 ETF (NYSEARCA:ITDB)’s share price rose 0.4% during mid-day trading on Tuesday . The stock traded as high as $33.99 and last traded at $33.97. Approximately 9,922 shares traded hands during mid-day trading, a decline of 49% from the average daily volume of 19,598 shares. The stock had previously closed at $33.83.

iShares LifePath Target Date 2030 ETF Trading Up 0.4%

The company has a fifty day moving average price of $33.44 and a two-hundred day moving average price of $33.11. The firm has a market cap of $57.07 million, a P/E ratio of 20.07 and a beta of 0.60.

Hedge Funds Weigh In On iShares LifePath Target Date 2030 ETF

A number of large investors have recently added to or reduced their stakes in ITDB. Susquehanna International Group LLP acquired a new position in shares of iShares LifePath Target Date 2030 ETF during the third quarter worth about $335,000. Rothschild Investment LLC acquired a new position in iShares LifePath Target Date 2030 ETF during the 4th quarter worth approximately $148,000. Finally, Capital Advisors Ltd. LLC acquired a new position in iShares LifePath Target Date 2030 ETF during the 4th quarter worth approximately $93,000.

About iShares LifePath Target Date 2030 ETF

The iShares LifePath Target Date 2030 ETF (ITDB) 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 2030 ITDB was launched on Oct 17, 2023 and is issued by BlackRock.