Peek Under The Hood: SPGP Has 12% Upside
June 21, 2024 at 06:19 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 500 GARP ETF (SPGP), we found that the implied analyst target price for the ETF based upon its underlying holdings is $115.03 per unit.