FITE's Holdings Imply 18% Gain Potential
October 04, 2019 at 08:04 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 $42.82 per unit.