| “ASC) 810-10-50-2, “A Change in the Difference Between Parent and Subsidiary Fiscal Year-Ends,”SPDR S&P Global Natural Resources is an open-end investment management company. The SPDR S&P Global Natural Resources ETF (the “Fund”) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks publicly traded companies in natural resources and/or commodities businesses. In seeking this objective, the Fund uses a sampling strategy. As of Sep 30 2015, the Fund has total assets of $569,821,530 and its investment portfolio is valued at $619,688,999. We show 49 historical shares outstanding datapoints in our GNR shares outstanding history coverage, used to compute GNR market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing GNR market cap history over the course of time is important for investors
interested in comparing GNR'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 GNR versus a peer is one thing; comparing
GNR 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 GNR can fluctuate over the course of history.
With this page we aim to empower investors researching GNR by allowing them to research the GNR market cap history.