iShares LifePath Retirement ETF (NYSEARCA:IRTR – Get Free Report) saw a large decrease in short interest in August. As of August 14th, there was short interest totaling 9,506 shares, a decrease of 66.6% from the July 30th total of 28,483 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average daily trading volume, of 12,344 shares, the days-to-cover ratio is presently 0.8 days.
Hedge Funds Weigh In On iShares LifePath Retirement ETF
Hedge funds have recently made changes to their positions in the stock. Geneos Wealth Management Inc. bought a new stake in shares of iShares LifePath Retirement ETF during the 1st quarter valued at $74,000. Sunbelt Securities Inc. grew its holdings in iShares LifePath Retirement ETF by 112.9% during the 3rd quarter. Sunbelt Securities Inc. now owns 7,099 shares of the company’s stock valued at $218,000 after buying an additional 3,765 shares in the last quarter. Finally, Jane Street Group LLC grew its holdings in iShares LifePath Retirement ETF by 20.7% during the 4th 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 in the last quarter.
iShares LifePath Retirement ETF Stock Performance
iShares LifePath Retirement ETF stock traded down $0.10 during mid-day trading on Friday, reaching $32.05. The company’s stock had a trading volume of 7,833 shares, compared to its average volume of 15,759. iShares LifePath Retirement ETF has a 12-month low of $29.92 and a 12-month high of $32.28. The company has a market capitalization of $58.97 million, a P/E ratio of 21.46 and a beta of 0.45. The firm’s fifty day moving average price is $31.92 and its two-hundred day moving average price is $31.60.
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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