Add Up The Parts: RZV Could Be Worth $66
September 20, 2016 at 09:34 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 Guggenheim S&P SmallCap 600 Pure Value ETF (RZV), we found that the implied analyst target price for the ETF based upon its underlying holdings is $66.18 per unit.