iShares LifePath Target Date 2045 ETF (NYSEARCA:ITDE) Short Interest Update

iShares LifePath Target Date 2045 ETF (NYSEARCA:ITDE) was the recipient of a significant growth in short interest during the month of February. As of February 13th, there was short interest totaling 19,961 shares, a growth of 70.7% from the January 29th total of 11,695 shares. Based on an average daily volume of 13,897 shares, the short-interest ratio is presently 1.4 days. Currently, 1.3% of the company’s stock are sold short. Currently, 1.3% of the company’s stock are sold short. Based on an average daily volume of 13,897 shares, the short-interest ratio is presently 1.4 days.

iShares LifePath Target Date 2045 ETF Stock Down 0.2%

Shares of NYSEARCA ITDE traded down $0.09 during trading hours on Friday, hitting $37.93. The company had a trading volume of 9,322 shares, compared to its average volume of 15,957. The stock has a market capitalization of $59.17 million, a P/E ratio of 20.03 and a beta of 0.82. iShares LifePath Target Date 2045 ETF has a 1-year low of $27.42 and a 1-year high of $38.24. The firm’s 50 day moving average is $37.16 and its 200-day moving average is $36.34.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Geneos Wealth Management Inc. bought a new stake in shares of iShares LifePath Target Date 2045 ETF in the 1st quarter valued at about $34,000. Capital Advisors Ltd. LLC bought a new stake in iShares LifePath Target Date 2045 ETF in the fourth quarter valued at approximately $53,000. Sunbelt Securities Inc. lifted its position in shares of iShares LifePath Target Date 2045 ETF by 2,054.5% in the third quarter. Sunbelt Securities Inc. now owns 2,607 shares of the company’s stock valued at $94,000 after buying an additional 2,486 shares during the last quarter. Finally, Susquehanna International Group LLP lifted its position in shares of iShares LifePath Target Date 2045 ETF by 38.4% in the third quarter. Susquehanna International Group LLP now owns 9,001 shares of the company’s stock valued at $323,000 after buying an additional 2,496 shares during the last quarter.

About iShares LifePath Target Date 2045 ETF

The iShares LifePath Target Date 2045 ETF USD (ITDE) 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 2045 ITDE was launched on Oct 17, 2023 and is issued by BlackRock.