Principal Securities Inc. Buys New Stake in iShares LifePath Target Date 2050 ETF (NYSEARCA:ITDF)

Principal Securities Inc. purchased a new position in shares of iShares LifePath Target Date 2050 ETF (NYSEARCA:ITDF) during the 4th quarter, Holdings Channel.com reports. The firm purchased 1,055 shares of the company’s stock, valued at approximately $33,000.

Separately, Root Financial Partners LLC purchased a new stake in shares of iShares LifePath Target Date 2050 ETF in the fourth quarter valued at about $676,000.

iShares LifePath Target Date 2050 ETF Price Performance

NYSEARCA:ITDF opened at $32.10 on Friday. iShares LifePath Target Date 2050 ETF has a 12-month low of $27.86 and a 12-month high of $33.21. The stock’s 50 day simple moving average is $31.99 and its 200-day simple moving average is $31.90.

iShares LifePath Target Date 2050 ETF Company Profile

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.