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 iShares Dow Jones U.S. ETF (Symbol: IYY), we found that the implied analyst target price for the ETF based upon its underlying holdings is $176.57 per unit.With IYY trading at a recent price near $160.66 per unit, that mean ...

Group 1 - The iShares Dow Jones U.S. ETF (IYY) offers passive float-market-cap-weighted exposure to over 1,000 U.S. securities, covering approximately 95% of the domestic stock market [1] - IYY has an expense ratio of 0.20%, which is not the lowest among broad-market ETFs, but it has provided shareholders with positive returns [1] - The Sunday Investor has completed educational requirements for the Chartered Investment Manager designation and is on track to become a licensed options and derivatives trading advisor, focusing on U.S. Equity ETFs [1]