Chronicle Journal: Finance

Sum Up The Pieces: XWEB Could Be Worth $199

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— Internet ETF (XWEB), we found that the implied analyst target price for the ETF based upon its underlying holdings is $199.11 per unit.
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