Add Up The Parts: SPXV Could Be Worth $47
May 26, 2016 at 07:31 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 $46.89 per unit.