SMMV's Underlying Holdings Imply 12% Gain Potential
December 24, 2018 at 07:55 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 iShares Edge MSCI Min Vol USA Small-Cap ETF (SMMV), we found that the implied analyst target price for the ETF based upon its underlying holdings is $31.62 per unit.