LifeGoal Wealth Builder ETF (NYSEARCA:WLTH) Earns Sector Weight Rating from Analysts at KeyCorp

KeyCorp initiated coverage on shares of LifeGoal Wealth Builder ETF (NYSEARCA:WLTH) in a research note released on Tuesday morning, Marketbeat.com reports. The brokerage issued a sector weight rating on the stock.

Other analysts have also recently issued research reports about the stock. Citizens Jmp assumed coverage on shares of LifeGoal Wealth Builder ETF in a research report on Tuesday. They set an “outperform” rating and a $20.00 price objective on the stock. Wells Fargo & Company initiated coverage on LifeGoal Wealth Builder ETF in a research note on Tuesday. They set an “overweight” rating and a $16.50 price target for the company.

LifeGoal Wealth Builder ETF Stock Down 4.1%

NYSEARCA:WLTH opened at $12.94 on Tuesday. The business’s 50-day moving average price is $10.32 and its two-hundred day moving average price is $9.02. The stock has a market cap of $1.89 billion, a P/E ratio of 15.46 and a beta of 0.67. LifeGoal Wealth Builder ETF has a twelve month low of $11.95 and a twelve month high of $14.88.

Insider Activity

In related news, insider Lauren Lin sold 30,229 shares of the firm’s stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $14.00, for a total transaction of $423,206.00. Following the completion of the sale, the insider owned 95,279 shares of the company’s stock, valued at $1,333,906. This trade represents a 24.09% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Kal Iyer sold 167,722 shares of the business’s 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 owned 127,514 shares of the company’s stock, valued at approximately $1,785,196. The trade was a 56.81% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,101,965 shares of company stock valued at $15,427,510 over the last ninety days.

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.