iShares LifePath Target Date 2035 ETF (NYSEARCA:ITDC) Trading 0.1% Higher – Still a Buy?

iShares LifePath Target Date 2035 ETF (NYSEARCA:ITDC) traded up 0.1% on Tuesday . The stock traded as high as $36.40 and last traded at $36.10. 22,956 shares changed hands during trading, a decline of 3% from the average session volume of 23,766 shares. The stock had previously closed at $36.08.

iShares LifePath Target Date 2035 ETF Stock Performance

The company has a market cap of $93.86 million, a price-to-earnings ratio of 20.04 and a beta of 0.65. The company has a fifty day moving average of $35.72 and a two-hundred day moving average of $34.93.

Institutional Investors Weigh In On iShares LifePath Target Date 2035 ETF

Several hedge funds have recently modified their holdings of ITDC. Kestra Advisory Services LLC acquired a new stake in iShares LifePath Target Date 2035 ETF during the 4th quarter worth approximately $102,000. Creative Planning acquired a new stake in iShares LifePath Target Date 2035 ETF during the 3rd quarter worth approximately $203,000. Finally, Integrated Wealth Concepts LLC acquired a new stake in iShares LifePath Target Date 2035 ETF during the 1st quarter worth approximately $345,000.

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.