iShares LifePath Target Date 2040 ETF (NYSEARCA:ITDD) Stock Price Down 0.2% – Here’s Why

iShares LifePath Target Date 2040 ETF (NYSEARCA:ITDD)’s stock price fell 0.2% during trading on Thursday . The stock traded as low as $30.73 and last traded at $30.75. 15,657 shares changed hands during mid-day trading, an increase of 119% from the average session volume of 7,154 shares. The stock had previously closed at $30.80.

iShares LifePath Target Date 2040 ETF Trading Down 1.0 %

The firm has a 50-day simple moving average of $31.13 and a two-hundred day simple moving average of $31.17. The company has a market capitalization of $27.39 million, a price-to-earnings ratio of 20.96 and a beta of 0.81.

Institutional Trading of iShares LifePath Target Date 2040 ETF

A hedge fund recently bought a new stake in iShares LifePath Target Date 2040 ETF stock. Heck Capital Advisors LLC acquired a new position in iShares LifePath Target Date 2040 ETF (NYSEARCA:ITDD) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,310 shares of the company’s stock, valued at approximately $40,000. Heck Capital Advisors LLC owned approximately 0.47% of iShares LifePath Target Date 2040 ETF at the end of the most recent quarter.

iShares LifePath Target Date 2040 ETF Company Profile

The iShares LifePath Target Date 2040 ETF (ITDD) 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.