iShares LifePath Retirement ETF (NYSEARCA:IRTR – Get Free Report) was the recipient of a large growth in short interest in July. As of July 15th, there was short interest totaling 26,552 shares, a growth of 72.0% from the June 30th total of 15,440 shares. Based on an average trading volume of 18,615 shares, the days-to-cover ratio is currently 1.4 days. Currently, 1.5% of the shares of the stock are short sold.
iShares LifePath Retirement ETF Stock Performance
Shares of NYSEARCA:IRTR opened at $31.70 on Friday. iShares LifePath Retirement ETF has a one year low of $29.57 and a one year high of $32.28. The stock has a market cap of $58.33 million, a PE ratio of 21.46 and a beta of 0.45. The business’s fifty day moving average price is $31.90 and its two-hundred day moving average price is $31.48.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in IRTR. Geneos Wealth Management Inc. acquired a new stake in iShares LifePath Retirement ETF during the first quarter worth approximately $74,000. Sunbelt Securities Inc. grew its stake in iShares LifePath Retirement ETF by 112.9% in 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 period. Finally, Jane Street Group LLC raised its holdings in iShares LifePath Retirement ETF by 20.7% in the 4th quarter. Jane Street Group LLC now owns 17,351 shares of the company’s stock valued at $535,000 after acquiring an additional 2,978 shares during the last quarter.
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.
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