Sum Up The Parts: SMIZ Could Be Worth $40

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 Zacks Small/Mid Cap ETF (SMIZ), we found that the implied analyst target price for the ETF based upon its underlying holdings is $39.59 per unit.