Add Up The Parts: FITE Could Be Worth $60
August 05, 2021 at 09:34 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 SPDR— S&P Kensho Future Security ETF (FITE), we found that the implied analyst target price for the ETF based upon its underlying holdings is $60.04 per unit.