The Math Shows IVVW Can Go To $54
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 iShares S&P 500 BuyWrite ETF (IVVW), we found that the implied analyst target price for the ETF based upon its underlying holdings is $54.32 per unit.
