The iShares MSCI ACWI Low Carbon Target ETF (the “Fund”) is an open-end management investment company. The Fund seeks to track the investment results of an index composed of large and mid-capitalization developed and emerging market equities with a lower carbon exposure than that of the broad market, as represented by the MSCI ACWI Low Carbon Target Index (the “Index”). The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. As of Jul 31 2015, the Fund's total assets were $224,255,927 and the Fund's investment portfolio was valued at $223,629,769. We show 2 historical shares outstanding datapoints in our CRBN shares outstanding history coverage, used to compute CRBN market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CRBN market cap history over the course of time is important for investors
interested in comparing CRBN'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 CRBN versus a peer is one thing; comparing
CRBN 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 CRBN can fluctuate over the course of history.
With this page we aim to empower investors researching CRBN by allowing them to research the CRBN market cap history. |
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Video: The Importance of Market Cap
