Add Up The Pieces: RYT Could Be Worth $188
June 17, 2019 at 07:46 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 S&P 500— Equal Weight Technology ETF (RYT), we found that the implied analyst target price for the ETF based upon its underlying holdings is $188.00 per unit.