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The iShares LifePath Target Date 2060 ETF is designed to assist investors in achieving their retirement objectives. It does this by holding a diversified portfolio of other ETFs, with its asset allocation automatically changing over time as it approaches its designated target date of 2060.

Shares of iShares LifePath Target Date 2060 ETF (NYSEARCA:ITDH - Get Free Report) fell 0.1% on Tuesday. The company traded as low as $43.18 and last traded at $43.18. 1,281 shares traded hands during trading, a decline of 79% from the average session volume of 6,048 shares. The stock had previously closed at $43.22.

iShares LifePath Target Date 2060 ETF (NYSEARCA:ITDH - Get Free Report) was the recipient of a significant increase in short interest during the month of December. As of December 31st, there was short interest totaling 9,762 shares, an increase of 20.8% from the December 15th total of 8,084 shares. Based on an average trading volume

BlackRock is offering target-date exchanged-traded funds aimed at helping people save for their retirement outside of a 401 (K) plan.