SPXN's Holdings Could Mean 11% Gain Potential
October 25, 2024 at 07:02 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 ProShares S&P 500 Ex-Financials ETF (SPXN), we found that the implied analyst target price for the ETF based upon its underlying holdings is $68.79 per unit.