How The Parts Add Up: SPLV Headed For $44
November 07, 2016 at 09:49 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 PowerShares S&P 500 Low Volatility Portfolio ETF (SPLV), we found that the implied analyst target price for the ETF based upon its underlying holdings is $43.90 per unit.