MDYV's Underlying Holdings Could Mean 10% Gain Potential
August 01, 2019 at 09:51 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 SPDR S&P 400 Mid Cap Value ETF (MDYV), we found that the implied analyst target price for the ETF based upon its underlying holdings is $56.86 per unit.