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How The Pieces Add Up: SLY Headed For $65

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— 600 Small Cap ETF (SLY), we found that the implied analyst target price for the ETF based upon its underlying holdings is $65.38 per unit.
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