Insider Selling: LifeGoal Wealth Builder ETF (NYSEARCA:WLTH) CEO Sells 765,154 Shares of Stock

LifeGoal Wealth Builder ETF (NYSEARCA:WLTH) CEO David Fortunato sold 765,154 shares of LifeGoal Wealth Builder ETF stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $14.00, for a total value of $10,712,156.00. Following the completion of the transaction, the chief executive officer directly owned 1,481,051 shares of the company’s stock, valued at approximately $20,734,714. This represents a 34.06% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

David Fortunato also recently made the following trade(s):

• On Thursday, December 11th, David Fortunato sold 95,416 shares of LifeGoal Wealth Builder ETF stock. The stock was sold at an average price of $14.00, for a total transaction of $1,335,824.00.

LifeGoal Wealth Builder ETF Stock Performance

Shares of WLTH stock traded down $0.24 during trading hours on Monday, reaching $13.95. The company had a trading volume of 4,294,308 shares, compared to its average volume of 4,772. The firm has a market cap of $13.25 million, a PE ratio of 15.46 and a beta of 0.67. LifeGoal Wealth Builder ETF has a one year low of $13.35 and a one year high of $14.88. The business has a fifty day moving average price of $8.56 and a 200-day moving average price of $8.41.

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.