Add Up The Parts: IVOO Could Be Worth $122

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 Vanguard S&P Mid-Cap 400 ETF (IVOO), we found that the implied analyst target price for the ETF based upon its underlying holdings is $121.76 per unit.