Add Up The Pieces: XMLV Could Be Worth $60
September 23, 2021 at 09:45 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 $59.60 per unit.