Add Up The Parts: SPYX Could Be Worth $53

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 500 Fossil Fuel Reserves Free ETF (SPYX), we found that the implied analyst target price for the ETF based upon its underlying holdings is $53.24 per unit.