XSHQ's Underlying Holdings Could Mean 12% Gain Potential
May 19, 2021 at 08:04 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 Invesco S&P SmallCap Quality ETF (XSHQ), we found that the implied analyst target price for the ETF based upon its underlying holdings is $40.70 per unit.