iShares LifePath Target Date 2050 ETF (NYSEARCA:ITDF) Trading Down 0.7% – Time to Sell?

iShares LifePath Target Date 2050 ETF (NYSEARCA:ITDF) traded down 0.7% during trading on Friday . The company traded as low as $32.19 and last traded at $32.22. 13,204 shares were traded during trading, an increase of 37% from the average session volume of 9,654 shares. The stock had previously closed at $32.44.

iShares LifePath Target Date 2050 ETF Stock Performance

The stock has a fifty day moving average price of $32.07 and a 200 day moving average price of $31.59.

Institutional Trading of iShares LifePath Target Date 2050 ETF

An institutional investor recently bought a new position in iShares LifePath Target Date 2050 ETF stock. Principal Securities Inc. bought a new stake in iShares LifePath Target Date 2050 ETF (NYSEARCA:ITDF) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 1,055 shares of the company’s stock, valued at approximately $33,000. Principal Securities Inc. owned about 0.33% 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.