How The Parts Add Up: SPVU Headed For $28
April 18, 2016 at 07:38 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 PowerShares S&P 500 Value Portfolio ETF (SPVU), we found that the implied analyst target price for the ETF based upon its underlying holdings is $28.08 per unit.