Add Up The Pieces: DVLU Could Be Worth $16
August 03, 2020 at 08:21 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 First Trust Dorsey Wright Momentum & Value ETF (DVLU), we found that the implied analyst target price for the ETF based upon its underlying holdings is $15.76 per unit.