SPXV's Underlying Holdings Could Mean 10% Gain Potential
September 27, 2016 at 09:39 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 ProShares S&P 500 Ex-Health Care ETF (SPXV), we found that the implied analyst target price for the ETF based upon its underlying holdings is $49.54 per unit.