Add Up The Parts: SPYV Could Be Worth $108
February 08, 2016 at 08:17 AM EST
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the SPDR S&P 500 Value ETF (SPYV), we found that the implied analyst target price for the ETF based upon its underlying holdings is $107.64 per unit.