Add Up The Pieces: FITE Could Be Worth $46
November 30, 2020 at 09:02 AM EST
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 Kensho Future Security ETF (FITE), we found that the implied analyst target price for the ETF based upon its underlying holdings is $45.61 per unit.