December 15th, 2015

Add Up The Parts: XSVM Could Be Worth $33

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 SmallCap Value with Momentum ETF (XSVM), we found that the implied analyst target price for the ETF based upon its underlying holdings is $33.47 per unit.
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