How The Parts Add Up: DWAQ Headed For $127
September 18, 2018 at 07:28 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 Invesco DWA NASDAQ Momentum ETF (DWAQ), we found that the implied analyst target price for the ETF based upon its underlying holdings is $127.32 per unit.