Look Under The Hood: MMTM Has 12% Upside
May 24, 2023 at 06:50 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 1500 Momentum Tilt ETF (MMTM), we found that the implied analyst target price for the ETF based upon its underlying holdings is $193.91 per unit.