How The Parts Add Up: RSSL Headed For $109

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 Global X Russell 2000 ETF (RSSL), we found that the implied analyst target price for the ETF based upon its underlying holdings is $108.91 per unit.