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IVV tracks a market-cap-weighted index of US large- and midcap stocks selected by the S&P Committee.
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Implied iShares Core S&P 500 ETF Analyst Target Price: $312
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.
Yahoo FinanceMar 4
S&P 500 Back to Above 2,800: SPY ETF Versus IVV
As the bull market turns 10 this week, the S&P 500 climbed back to the 2,800 threshold for the first time in nearly four months and has gained more than 11% so far this year.