Add Up The Parts: CLIX Could Be Worth $96
August 02, 2021 at 08:33 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 ProShares ProShares Long Online/Short Stores ETF (CLIX), we found that the implied analyst target price for the ETF based upon its underlying holdings is $95.61 per unit.