LifeGoal Wealth Builder ETF (NYSEARCA:WLTH) Shares Gap Down – Time to Sell?

LifeGoal Wealth Builder ETF (NYSEARCA:WLTH) gapped down before the market opened on Thursday . The stock had previously closed at $8.40, but opened at $8.03. LifeGoal Wealth Builder ETF shares last traded at $7.33, with a volume of 781,879 shares trading hands.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on WLTH shares. The Goldman Sachs Group assumed coverage on LifeGoal Wealth Builder ETF in a report on Tuesday, January 6th. They set a “neutral” rating and a $14.50 price objective on the stock. 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. Royal Bank Of Canada initiated coverage on shares of LifeGoal Wealth Builder ETF in a research report on Tuesday, January 6th. They set an “outperform” rating and a $17.00 price objective for the company. KeyCorp started coverage on shares of LifeGoal Wealth Builder ETF in a report on Tuesday, January 6th. They issued a “sector weight” rating for the company. Finally, JPMorgan Chase & Co. started coverage on LifeGoal Wealth Builder ETF in a research note on Tuesday, January 6th. They set an “overweight” rating and a $16.00 price objective on the stock.

LifeGoal Wealth Builder ETF Price Performance

The firm has a market cap of $1.20 billion, a PE ratio of 15.46 and a beta of 0.67. The company has a 50-day simple moving average of $9.43 and a 200-day simple moving average of $9.20.

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.