Peek Under The Hood: RSPE Has 10% Upside
April 12, 2024 at 06:23 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 Invesco ESG S&P 500 Equal Weight ETF (RSPE), we found that the implied analyst target price for the ETF based upon its underlying holdings is $27.47 per unit.