Peek Under The Hood: QVMS Has 17% Upside
January 10, 2022 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 SmallCap 600 QVM Multi-factor ETF (QVMS), we found that the implied analyst target price for the ETF based upon its underlying holdings is $30.19 per unit.