The SPDR S&P Emerging Asia Pacific is an open-end investment management company. The SPDR S&P Emerging Asia Pacific ETF (the “Fund”) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index based upon the emerging markets of the Asia Pacific region. In seeking this objective, the Fund uses a sampling strategy. As of Sep 30 2015, the Fund has total assets of $454,088,842 and its investment portfolio is valued at $451,274,492. We show 55 historical shares outstanding datapoints in our GMF shares outstanding history coverage, used to compute GMF market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing GMF market cap history over the course of time is important for investors
interested in comparing GMF'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 GMF versus a peer is one thing; comparing
GMF 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 GMF can fluctuate over the course of history.
With this page we aim to empower investors researching GMF by allowing them to research the GMF market cap history. |
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Video: The Importance of Market Cap
