iShares LifePath Target Date 2065 ETF (NYSEARCA:ITDI – Get Free Report) saw a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 883 shares, a decrease of 65.0% from the September 30th total of 2,522 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 5,905 shares, the days-to-cover ratio is presently 0.1 days.
Hedge Funds Weigh In On iShares LifePath Target Date 2065 ETF
An institutional investor recently raised its stake in iShares LifePath Target Date 2065 ETF stock. Citadel Advisors LLC raised its position in iShares LifePath Target Date 2065 ETF (NYSEARCA:ITDI – Free Report) by 61.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 16,599 shares of the company’s stock after purchasing an additional 6,295 shares during the quarter. Citadel Advisors LLC owned 2.59% of iShares LifePath Target Date 2065 ETF worth $700,000 at the end of the most recent reporting period.
iShares LifePath Target Date 2065 ETF Trading Down 0.2%
Shares of ITDI stock traded down $0.07 during trading hours on Thursday, hitting $42.48. 1,125 shares of the company were exchanged, compared to its average volume of 4,332. iShares LifePath Target Date 2065 ETF has a 52 week low of $35.92 and a 52 week high of $43.70. The business has a 50 day moving average of $42.75 and a two-hundred day moving average of $40.91. The company has a market capitalization of $30.59 million, a PE ratio of 20.19 and a beta of 0.90.
About iShares LifePath Target Date 2065 ETF
The iShares LifePath Target Date 2065 ETF (ITDI) 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 2065 ITDI was launched on Oct 17, 2023 and is issued by BlackRock.
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