iShares LifePath Retirement ETF (NYSEARCA:IRTR) Sees Significant Decrease in Short Interest

iShares LifePath Retirement ETF (NYSEARCA:IRTR) was the recipient of a large decrease in short interest in the month of February. As of February 13th, there was short interest totaling 11,445 shares, a decrease of 32.6% from the January 29th total of 16,987 shares. Currently, 0.7% of the shares of the company are short sold. Based on an average daily trading volume, of 18,253 shares, the days-to-cover ratio is presently 0.6 days. Based on an average daily trading volume, of 18,253 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.7% of the shares of the company are short sold.

Hedge Funds Weigh In On iShares LifePath Retirement ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Jane Street Group LLC grew its position in iShares LifePath Retirement ETF by 20.7% during the fourth quarter. Jane Street Group LLC now owns 17,351 shares of the company’s stock valued at $535,000 after buying an additional 2,978 shares during the period. Sunbelt Securities Inc. boosted its stake in shares of iShares LifePath Retirement ETF by 112.9% during the 3rd quarter. Sunbelt Securities Inc. now owns 7,099 shares of the company’s stock worth $218,000 after acquiring an additional 3,765 shares during the last quarter. Geneos Wealth Management Inc. grew its position in shares of iShares LifePath Retirement ETF by 69.2% during the 2nd quarter. Geneos Wealth Management Inc. now owns 4,400 shares of the company’s stock valued at $131,000 after acquiring an additional 1,800 shares during the period. Finally, Ameriflex Group Inc. increased its stake in shares of iShares LifePath Retirement ETF by 100.0% in the 3rd quarter. Ameriflex Group Inc. now owns 964 shares of the company’s stock worth $30,000 after purchasing an additional 482 shares in the last quarter.

iShares LifePath Retirement ETF Price Performance

iShares LifePath Retirement ETF stock traded down $0.01 during mid-day trading on Friday, reaching $31.70. 8,973 shares of the stock traded hands, compared to its average volume of 24,158. iShares LifePath Retirement ETF has a 12-month low of $26.90 and a 12-month high of $31.73. The business’s 50-day moving average is $31.22 and its 200-day moving average is $30.83. The stock has a market capitalization of $49.45 million, a PE ratio of 21.46 and a beta of 0.48.

About iShares LifePath Retirement ETF

The iShares LifePath Retirement ETF (IRTR) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is a fund-of-funds that seeks to provide retirement outcomes through an actively managed portfolio of equity, fixed income, and money market ETFs. IRTR was launched on Oct 17, 2023 and is issued by BlackRock.