The Goldman Sachs Group Begins Coverage on LifeGoal Wealth Builder ETF (NYSEARCA:WLTH)

The Goldman Sachs Group assumed coverage on shares of LifeGoal Wealth Builder ETF (NYSEARCA:WLTH) in a note issued to investors on Tuesday, Marketbeat.com reports. The firm set a “neutral” rating and a $14.50 price target on the stock. The Goldman Sachs Group’s target price points to a potential upside of 7.41% from the stock’s current price.

Other research analysts have also recently issued research reports about the stock. KeyCorp began coverage on shares of LifeGoal Wealth Builder ETF in a report on Tuesday. They set a “sector weight” rating for the company. Keefe, Bruyette & Woods assumed coverage on LifeGoal Wealth Builder ETF in a research report on Tuesday. They issued an “outperform” rating and a $16.50 target price on the stock. Citizens Jmp began coverage on LifeGoal Wealth Builder ETF in a research note on Tuesday. They issued an “outperform” rating and a $20.00 target price on the stock. Wells Fargo & Company began coverage on shares of LifeGoal Wealth Builder ETF in a research note on Tuesday. They set an “overweight” rating and a $16.50 price target for the company. Finally, JPMorgan Chase & Co. initiated coverage on shares of LifeGoal Wealth Builder ETF in a report on Tuesday. They issued an “overweight” rating and a $16.00 price objective on the stock.

LifeGoal Wealth Builder ETF Price Performance

Shares of WLTH stock opened at $13.50 on Tuesday. The stock has a market cap of $1.97 billion, a PE ratio of 15.46 and a beta of 0.67. The stock has a 50-day moving average of $10.23 and a 200-day moving average of $8.99. LifeGoal Wealth Builder ETF has a one year low of $11.95 and a one year high of $14.88.

Insider Activity at LifeGoal Wealth Builder ETF

In other news, insider Lauren Lin sold 30,229 shares of the firm’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 $423,206.00. Following the completion of the sale, the insider owned 95,279 shares in the company, valued at approximately $1,333,906. This trade represents a 24.09% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed 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 stock was sold at an average price of $14.00, for a total transaction of $2,348,108.00. Following the sale, the vice president directly owned 127,514 shares of the company’s stock, valued at $1,785,196. The trade was a 56.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In 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.