LifeGoal Wealth Builder ETF (NYSEARCA:WLTH) Reaches New 12-Month Low – Should You Sell?

LifeGoal Wealth Builder ETF (NYSEARCA:WLTH)’s stock price reached a new 52-week low on Monday . The company traded as low as $8.52 and last traded at $8.54, with a volume of 103792 shares. The stock had previously closed at $8.79.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. Citizens Jmp began coverage on LifeGoal Wealth Builder ETF in a research note on Tuesday, January 6th. They issued an “outperform” rating and a $20.00 price target on the stock. JPMorgan Chase & Co. began coverage on shares of LifeGoal Wealth Builder ETF in a research note on Tuesday, January 6th. They issued an “overweight” rating and a $16.00 price target for the company. The Goldman Sachs Group began coverage on shares of LifeGoal Wealth Builder ETF in a report on Tuesday, January 6th. They issued a “neutral” rating and a $14.50 target price on the stock. Keefe, Bruyette & Woods initiated coverage on shares of LifeGoal Wealth Builder ETF in a research report on Tuesday, January 6th. They issued an “outperform” rating and a $16.50 price objective on the stock. Finally, Wells Fargo & Company cut their price objective on shares of LifeGoal Wealth Builder ETF from $16.50 to $15.50 and set an “overweight” rating for the company in a research report on Tuesday, January 13th.

LifeGoal Wealth Builder ETF Trading Up 2.0%

The business’s fifty day moving average is $10.71 and its 200 day moving average is $9.17. The firm has a market capitalization of $1.31 billion, a P/E ratio of 15.46 and a beta of 0.67.

Insider Buying and Selling at LifeGoal Wealth Builder ETF

In other LifeGoal Wealth Builder ETF news, Director Kenneth A. Goldman sold 5,373 shares of the company’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $14.00, for a total transaction of $75,222.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO David Fortunato sold 95,416 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 $1,335,824.00. Following the completion of the transaction, the chief executive officer owned 153,503 shares in the company, valued at $2,149,042. The trade was a 38.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 1,101,965 shares of company stock valued at $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.