Add Up The Parts: XMLV Could Be Worth $48
May 04, 2020 at 08:39 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 Low Volatility ETF (XMLV), we found that the implied analyst target price for the ETF based upon its underlying holdings is $47.81 per unit.