Add Up The Parts: SPYD Could Be Worth $38
May 19, 2017 at 09:33 AM EDT
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 High Dividend ETF (SPYD), we found that the implied analyst target price for the ETF based upon its underlying holdings is $37.94 per unit.