iShares LifePath Target Date 2035 ETF (NYSEARCA:ITDC) Trading Down 0.2% – Here’s What Happened

iShares LifePath Target Date 2035 ETF (NYSEARCA:ITDC)’s stock price fell 0.2% during trading on Tuesday . The stock traded as low as $34.26 and last traded at $34.29. 7,888 shares traded hands during mid-day trading, a decline of 46% from the average session volume of 14,671 shares. The stock had previously closed at $34.35.

iShares LifePath Target Date 2035 ETF Stock Performance

The stock has a market capitalization of $60.35 million, a PE ratio of 20.04 and a beta of 0.72. The company’s 50-day moving average price is $33.60 and its 200 day moving average price is $31.98.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in iShares LifePath Target Date 2035 ETF stock. Sunbelt Securities Inc. boosted its holdings in shares of iShares LifePath Target Date 2035 ETF (NYSEARCA:ITDC) by 97.4% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 989 shares of the company’s stock after acquiring an additional 488 shares during the period. Sunbelt Securities Inc. owned 0.11% of iShares LifePath Target Date 2035 ETF worth $30,000 at the end of the most recent reporting period.

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.