We Did The Math SPVM Can Go To $40
September 15, 2020 at 08:16 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 Value with Momentum ETF (SPVM), we found that the implied analyst target price for the ETF based upon its underlying holdings is $40.17 per unit.