How The Pieces Add Up: SMMV Targets $35
March 27, 2020 at 08:30 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 iShares Edge MSCI Min Vol USA Small-Cap ETF (SMMV), we found that the implied analyst target price for the ETF based upon its underlying holdings is $35.32 per unit.