iShares LifePath Target Date 2050 ETF (NYSEARCA:ITDF) Stock Price Up 1.2% – Time to Buy?

iShares LifePath Target Date 2050 ETF (NYSEARCA:ITDF) shares rose 1.2% during trading on Monday . The company traded as high as $31.80 and last traded at $31.80. Approximately 8,330 shares traded hands during trading, an increase of 77% from the average daily volume of 4,699 shares. The stock had previously closed at $31.41.

iShares LifePath Target Date 2050 ETF Stock Up 1.2 %

The business has a 50 day moving average price of $32.00 and a 200-day moving average price of $31.97. The firm has a market cap of $22.90 million, a price-to-earnings ratio of 20.58 and a beta of 0.94.

Institutional Investors Weigh In On iShares LifePath Target Date 2050 ETF

An institutional investor recently bought a new position in iShares LifePath Target Date 2050 ETF stock. Root Financial Partners LLC acquired a new stake in shares of iShares LifePath Target Date 2050 ETF (NYSEARCA:ITDF) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 21,606 shares of the company’s stock, valued at approximately $676,000. Root Financial Partners LLC owned about 6.75% of iShares LifePath Target Date 2050 ETF as of its most recent SEC filing.

About iShares LifePath Target Date 2050 ETF

The iShares LifePath Target Date 2050 ETF USD (ITDF) 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.