LifeGoal Wealth Builder ETF (NYSEARCA:WLTH) Reaches New 1-Year Low – Should You Sell?

LifeGoal Wealth Builder ETF (NYSEARCA:WLTH) hit a new 52-week low during trading on Tuesday . The company traded as low as $8.35 and last traded at $8.44, with a volume of 467294 shares changing hands. The stock had previously closed at $8.82.

Analysts Set New Price Targets

WLTH has been the subject of a number of research reports. Wells Fargo & Company dropped their target price on LifeGoal Wealth Builder ETF from $16.50 to $15.50 and set an “overweight” rating for the company in a report on Tuesday, January 13th. The Goldman Sachs Group assumed coverage on shares of LifeGoal Wealth Builder ETF in a research report on Tuesday, January 6th. They set a “neutral” rating and a $14.50 price target on the stock. JPMorgan Chase & Co. initiated coverage on shares of LifeGoal Wealth Builder ETF in a report on Tuesday, January 6th. They issued an “overweight” rating and a $16.00 price objective for the company. Royal Bank Of Canada began 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 target price on the stock. Finally, KeyCorp began coverage on shares of LifeGoal Wealth Builder ETF in a research report on Tuesday, January 6th. They issued a “sector weight” rating for the company.

LifeGoal Wealth Builder ETF Price Performance

The business’s 50-day simple moving average is $10.79 and its two-hundred day simple moving average is $9.18. The stock has a market cap of $1.22 billion, a price-to-earnings ratio of 15.46 and a beta of 0.67.

Insider Transactions at LifeGoal Wealth Builder ETF

In other LifeGoal Wealth Builder ETF news, Director Kenneth A. Goldman sold 5,373 shares of the stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $14.00, for a total value of $75,222.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, VP Kal Iyer sold 167,722 shares of LifeGoal Wealth Builder ETF stock in a transaction dated 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 directly owned 127,514 shares in the company, valued at $1,785,196. The trade was a 56.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 1,101,965 shares of company stock worth $15,427,510.

LifeGoal Wealth Builder ETF Company Profile

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.