SMLF's Underlying Holdings Imply 12% Gain Potential
November 11, 2019 at 09:18 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 iShares Edge MSCI Multifactor USA Small-Cap ETF (SMLF), we found that the implied analyst target price for the ETF based upon its underlying holdings is $46.59 per unit.