How The Pieces Add Up: MMTM Headed For $99
September 20, 2016 at 09:34 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 1500 Momentum Tilt ETF (MMTM), we found that the implied analyst target price for the ETF based upon its underlying holdings is $99.36 per unit.