Add Up The Parts: XMHQ Could Be Worth $86
August 05, 2021 at 09:44 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 MidCap Quality ETF (XMHQ), we found that the implied analyst target price for the ETF based upon its underlying holdings is $85.78 per unit.