iShares LifePath Target Date 2040 ETF (NYSEARCA:ITDD) Trading Down 2.4% – What’s Next?

iShares LifePath Target Date 2040 ETF (NYSEARCA:ITDD)’s stock price fell 2.4% on Wednesday . The stock traded as low as $30.91 and last traded at $30.91. 9,941 shares traded hands during trading, an increase of 82% from the average session volume of 5,458 shares. The stock had previously closed at $31.67.

iShares LifePath Target Date 2040 ETF Trading Down 2.4 %

The business’s 50-day simple moving average is $31.48 and its 200-day simple moving average is $30.60.

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.