iShares LifePath Target Date 2030 ETF (NYSEARCA:ITDB) Trading 0.1% Higher – Still a Buy?

Shares of iShares LifePath Target Date 2030 ETF (NYSEARCA:ITDB) shot up 0.1% during mid-day trading on Monday . The stock traded as high as $33.56 and last traded at $33.53. 28,002 shares were traded during mid-day trading, an increase of 26% from the average session volume of 22,262 shares. The stock had previously closed at $33.49.

iShares LifePath Target Date 2030 ETF Trading Up 0.1%

The company has a market capitalization of $56.33 million, a price-to-earnings ratio of 20.07 and a beta of 0.60. The stock’s 50 day moving average price is $33.34 and its 200 day moving average price is $32.88.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in iShares LifePath Target Date 2030 ETF stock. Capital Advisors Ltd. LLC acquired a new stake in iShares LifePath Target Date 2030 ETF (NYSEARCA:ITDB) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 2,817 shares of the company’s stock, valued at approximately $93,000. Capital Advisors Ltd. LLC owned about 0.17% of iShares LifePath Target Date 2030 ETF at the end of the most recent quarter.

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.