| Market Vectors Gaming ETF is an open-end management investment company. The Fund seeks to replicate as closely as possible the price and yield performance of the S-Network Global Gaming Index (the Index). The Index consists of publicly traded companies engaged in the global gaming industry. Companies eligible for inclusion in Index should be principally engaged in the global gaming industry, deriving greater than 50% of revenues from it, with market capitalization exceeding $200 million, and should have three-month average daily turnover greater than $1 million. As of Sept 30 2013, the Fund's total assets were $57,131,576 and its investment portfolio was valued at $56,905,257. We show 29 historical shares outstanding datapoints in our BJK shares outstanding history coverage, used to compute BJK market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing BJK market cap history over the course of time is important for investors
interested in comparing BJK's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of BJK versus a peer is one thing; comparing
BJK market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like BJK can fluctuate over the course of history.
With this page we aim to empower investors researching BJK by allowing them to research the BJK market cap history.