The iShares MSCI China Small-Cap ETF (the “Fund”) seeks to track the investment results of an index composed of small-capitalization Chinese equities that are available to international investors, as represented by the MSCI China Small Cap 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. Due to the use of representative sampling, the Fund may or may not hold all of the securities that are included in the Index. As of Aug 31 2015, the Fund's total assets were $36,741,075 and the Fund's investment portfolio was valued at $36,438,746. We show 48 historical shares outstanding datapoints in our ECNS shares outstanding history coverage, used to compute ECNS market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ECNS market cap history over the course of time is important for investors
interested in comparing ECNS'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 ECNS versus a peer is one thing; comparing
ECNS 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 ECNS can fluctuate over the course of history.
With this page we aim to empower investors researching ECNS by allowing them to research the ECNS market cap history. |
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Video: The Importance of Market Cap
