WisdomTree Is Refreshing the IOPV Proposition
May 6, 2021 Perhaps it’s fitting, but the world of exchange traded funds (ETFs) is littered with acronyms, one of which is indicative optimized portfolio value (IOPV). Also referred to as intra-day value, IOPV is a real-time estimate of an ETF’s fair value based on prices of the fund’s underlying components. Updated continuously throughout the trading day, IOPV isn’t a price advisors and money managers can transact, but it does provide a template for what prices a fund should be bought and sold at. It’s an important concept and one ripe for a refresh, which WisdomTree is doing wit...
Source: etftrends.com