Peek Under The Hood: QVMM Has 11% Upside
October 31, 2024 at 07:43 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 MidCap 400 QVM Multi-factor ETF (QVMM), we found that the implied analyst target price for the ETF based upon its underlying holdings is $32.35 per unit.
