Look Under The Hood: RZV Has 12% Upside
June 24, 2016 at 08:07 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 Guggenheim S&P SmallCap 600 Pure Value ETF (RZV), we found that the implied analyst target price for the ETF based upon its underlying holdings is $65.63 per unit.