iShares LifePath Target Date 2035 ETF (NYSEARCA:ITDC – Get Free Report) was the target of a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 9,507 shares, a decline of 47.8% from the July 15th total of 18,225 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average daily volume of 14,821 shares, the short-interest ratio is currently 0.6 days.
iShares LifePath Target Date 2035 ETF Trading Down 0.2%
NYSEARCA:ITDC traded down $0.06 during mid-day trading on Friday, hitting $37.37. 43,969 shares of the company’s stock traded hands, compared to its average volume of 22,429. The firm has a market capitalization of $111.36 million, a price-to-earnings ratio of 20.04 and a beta of 0.65. The firm has a 50 day moving average of $36.60 and a two-hundred day moving average of $35.65. iShares LifePath Target Date 2035 ETF has a 12 month low of $32.74 and a 12 month high of $37.56.
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 shares of iShares LifePath Target Date 2035 ETF in the fourth quarter worth $102,000. Creative Planning acquired a new position in iShares LifePath Target Date 2035 ETF during the 3rd quarter valued at $203,000. Finally, Integrated Wealth Concepts LLC bought a new stake in iShares LifePath Target Date 2035 ETF in the 1st quarter valued at $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.
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