iShares LifePath Target Date 2035 ETF (NYSEARCA:ITDC) Shares Up 0.3% – Time to Buy?

iShares LifePath Target Date 2035 ETF (NYSEARCA:ITDC) were up 0.3% during mid-day trading on Friday . The stock traded as high as $35.14 and last traded at $35.07. Approximately 15,835 shares were traded during trading, a decline of 44% from the average daily volume of 28,048 shares. The stock had previously closed at $34.97.

iShares LifePath Target Date 2035 ETF Stock Performance

The firm has a 50 day simple moving average of $34.56 and a two-hundred day simple moving average of $34.01. The stock has a market cap of $75.75 million, a P/E ratio of 20.04 and a beta of 0.67.

Hedge Funds Weigh In On iShares LifePath Target Date 2035 ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Integrated Wealth Concepts LLC bought a new stake in shares of iShares LifePath Target Date 2035 ETF during the 1st quarter worth about $345,000. Creative Planning acquired a new stake in iShares LifePath Target Date 2035 ETF in the third quarter worth approximately $203,000. Finally, Kestra Advisory Services LLC acquired a new stake in iShares LifePath Target Date 2035 ETF in the fourth quarter worth approximately $102,000.

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.