LifeGoal Wealth Builder ETF (NYSEARCA:WLTH) Earns Neutral Rating from Analysts at The Goldman Sachs Group

The Goldman Sachs Group initiated coverage on shares of LifeGoal Wealth Builder ETF (NYSEARCA:WLTH) in a report published on Tuesday, MarketBeat reports. The brokerage issued a neutral rating and a $14.50 price objective on the stock.

WLTH has been the topic of several other research reports. Keefe, Bruyette & Woods started coverage on LifeGoal Wealth Builder ETF in a research note on Tuesday. They set an “outperform” rating and a $16.50 price target on the stock. Wells Fargo & Company started coverage on shares of LifeGoal Wealth Builder ETF in a research report on Tuesday. They set an “overweight” rating and a $16.50 target price on the stock. JPMorgan Chase & Co. started coverage on shares of LifeGoal Wealth Builder ETF in a research note on Tuesday. They issued an “overweight” rating and a $16.00 target price on the stock. Citizens Jmp initiated coverage on shares of LifeGoal Wealth Builder ETF in a research note on Tuesday. They set an “outperform” rating and a $20.00 price target for the company. Finally, Royal Bank Of Canada initiated coverage on shares of LifeGoal Wealth Builder ETF in a report on Tuesday. They issued an “outperform” rating and a $17.00 price objective on the stock.

LifeGoal Wealth Builder ETF Stock Performance

NYSEARCA:WLTH opened at $12.94 on Tuesday. The company has a market cap of $1.89 billion, a price-to-earnings ratio of 15.46 and a beta of 0.67. The stock’s fifty day moving average price is $10.32 and its two-hundred day moving average price is $9.02. LifeGoal Wealth Builder ETF has a 52-week low of $11.95 and a 52-week high of $14.88.

Insider Activity

In other news, VP Kal Iyer sold 167,722 shares of LifeGoal Wealth Builder ETF stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $14.00, for a total transaction of $2,348,108.00. Following the completion of the transaction, the vice president directly owned 127,514 shares in the company, valued at approximately $1,785,196. The trade was a 56.81% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Kenneth A. Goldman sold 5,373 shares of the stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $14.00, for a total value of $75,222.00. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 1,101,965 shares of company stock valued at $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.