How The Parts Add Up: SPVU Headed For $35
August 14, 2017 at 10:25 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 PowerShares S&P 500 Enhanced Value Portfolio ETF (SPVU), we found that the implied analyst target price for the ETF based upon its underlying holdings is $34.75 per unit.