Add Up The Pieces: PSCT Could Be Worth $104
December 16, 2019 at 08:11 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 Information Technology ETF (PSCT), we found that the implied analyst target price for the ETF based upon its underlying holdings is $104.48 per unit.