LifeGoal Wealth Builder ETF (NYSEARCA:WLTH) Trading 1.5% Higher – What’s Next?

Shares of LifeGoal Wealth Builder ETF (NYSEARCA:WLTH) traded up 1.5% on Monday . The company traded as high as $8.68 and last traded at $8.62. 1,381,869 shares traded hands during mid-day trading, a decline of 6% from the average session volume of 1,470,270 shares. The stock had previously closed at $8.49.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. The Goldman Sachs Group assumed coverage on LifeGoal Wealth Builder ETF in a report on Tuesday, January 6th. They issued a “neutral” rating and a $14.50 price objective for the company. KeyCorp started coverage on LifeGoal Wealth Builder ETF in a research note on Tuesday, January 6th. They issued a “sector weight” rating for the company. Royal Bank Of Canada began coverage on shares of LifeGoal Wealth Builder ETF in a research note on Tuesday, January 6th. They set an “outperform” rating and a $17.00 price objective on the stock. Keefe, Bruyette & Woods assumed coverage on shares of LifeGoal Wealth Builder ETF in a research note on Tuesday, January 6th. They issued an “outperform” rating and a $16.50 target price for the company. Finally, Wells Fargo & Company reduced their price target on shares of LifeGoal Wealth Builder ETF from $16.50 to $15.50 and set an “overweight” rating on the stock in a research report on Tuesday, January 13th.

LifeGoal Wealth Builder ETF Stock Up 1.5%

The stock has a fifty day moving average of $9.63 and a 200-day moving average of $9.20. The firm has a market capitalization of $1.29 billion, a P/E ratio of 15.46 and a beta of 0.67.

Insider Transactions at LifeGoal Wealth Builder ETF

In other news, VP Kal Iyer sold 167,722 shares of the business’s stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $14.00, for a total value of $2,348,108.00. Following the sale, the vice president owned 127,514 shares of the company’s stock, valued at $1,785,196. The trade was a 56.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO David Fortunato sold 765,154 shares of the stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $14.00, for a total transaction of $10,712,156.00. Following the transaction, the chief executive officer owned 1,481,051 shares of the company’s stock, valued at $20,734,714. The trade was a 34.06% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 1,101,965 shares of company stock worth $15,427,510.

About LifeGoal Wealth Builder ETF

The LifeGoal Wealth Builder ETF (WLTH) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds that allocates to equities, debt securities and commodity-linked instruments. The fund seeks long-term capital growth. WLTH was launched on Sep 9, 2021 and is managed by LifeGoal.