The Math Shows XRLV Can Go To $39
December 13, 2018 at 08:16 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 Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF (XRLV), we found that the implied analyst target price for the ETF based upon its underlying holdings is $38.57 per unit.