iShares LifePath Target Date 2045 ETF (NYSEARCA:ITDE) Short Interest Update

iShares LifePath Target Date 2045 ETF (NYSEARCA:ITDE) saw a significant increase in short interest during the month of January. As of January 15th, there was short interest totaling 3,170 shares, an increase of 133.6% from the December 31st total of 1,357 shares. Based on an average trading volume of 18,112 shares, the short-interest ratio is currently 0.2 days. Currently, 0.2% of the shares of the stock are sold short. Currently, 0.2% of the shares of the stock are sold short. Based on an average trading volume of 18,112 shares, the short-interest ratio is currently 0.2 days.

iShares LifePath Target Date 2045 ETF Trading Down 0.7%

Shares of ITDE traded down $0.28 during mid-day trading on Friday, hitting $37.20. 20,729 shares of the company traded hands, compared to its average volume of 17,001. The business has a 50-day moving average of $36.73 and a 200 day moving average of $35.83. iShares LifePath Target Date 2045 ETF has a one year low of $27.42 and a one year high of $37.64. The stock has a market capitalization of $58.03 million, a price-to-earnings ratio of 20.03 and a beta of 0.82.

Hedge Funds Weigh In On iShares LifePath Target Date 2045 ETF

Several large investors have recently made changes to their positions in ITDE. Geneos Wealth Management Inc. acquired a new stake in iShares LifePath Target Date 2045 ETF in the first quarter worth about $34,000. Capital Advisors Ltd. LLC bought a new position in shares of iShares LifePath Target Date 2045 ETF in the 4th quarter valued at about $53,000. Sunbelt Securities Inc. grew its position in shares of iShares LifePath Target Date 2045 ETF by 2,054.5% during the 3rd quarter. Sunbelt Securities Inc. now owns 2,607 shares of the company’s stock worth $94,000 after buying an additional 2,486 shares during the period. Finally, Susquehanna International Group LLP raised its stake in shares of iShares LifePath Target Date 2045 ETF by 38.4% during the third quarter. Susquehanna International Group LLP now owns 9,001 shares of the company’s stock worth $323,000 after buying an additional 2,496 shares during the last quarter.

iShares LifePath Target Date 2045 ETF Company Profile

The iShares LifePath Target Date 2045 ETF USD (ITDE) 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 2045 ITDE was launched on Oct 17, 2023 and is issued by BlackRock.