iShares LifePath Target Date 2040 ETF (NYSEARCA:ITDD – Get Free Report)’s share price were up 1.4% on Tuesday . The stock traded as high as $39.18 and last traded at $39.13. Approximately 32,379 shares were traded during trading, an increase of 56% from the average daily volume of 20,690 shares. The stock had previously closed at $38.59.
iShares LifePath Target Date 2040 ETF Stock Performance
The stock has a fifty day moving average of $38.32 and a 200 day moving average of $37.08. The company has a market capitalization of $106.00 million, a P/E ratio of 20.77 and a beta of 0.73.
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in ITDD. Jane Street Group LLC bought a new stake in shares of iShares LifePath Target Date 2040 ETF during the 4th quarter valued at $638,000. Bellwether Advisors LLC purchased a new stake in iShares LifePath Target Date 2040 ETF in the 4th quarter worth $249,000. McIlrath & Eck LLC increased its stake in iShares LifePath Target Date 2040 ETF by 7,953.1% in the 4th quarter. McIlrath & Eck LLC now owns 2,577 shares of the company’s stock worth $91,000 after buying an additional 2,545 shares in the last quarter. Sunbelt Securities Inc. bought a new stake in iShares LifePath Target Date 2040 ETF during the third quarter valued at about $79,000. Finally, Capital Advisors Ltd. LLC bought a new stake in iShares LifePath Target Date 2040 ETF during the fourth quarter valued at about $41,000.
About iShares LifePath Target Date 2040 ETF
The iShares LifePath Target Date 2040 ETF (ITDD) 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 2040 ITDD was launched on Oct 17, 2023 and is issued by BlackRock.
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