Sum Up The Pieces: FVL Could Be Worth $20
March 02, 2016 at 07:47 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 First Trust Value Line 100 Exchange-Traded Fund ETF (FVL), we found that the implied analyst target price for the ETF based upon its underlying holdings is $20.50 per unit.