iShares U.S. Utilities is an open-end management investment company. The Fund seeks investment results that correspond to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Utilities Index (the Underlying Index). The Underlying Index measures the performance of the utilities sector of the United States equity market. Its components primarily include utilities companies. As of Apr 30 2015, the Fund's total assets were $650,086,478 and the Fund's investment portfolio was valued at $649,796,776. We show 111 historical shares outstanding datapoints in our IDU shares outstanding history coverage, used to compute IDU market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing IDU market cap history over the course of time is important for investors
interested in comparing IDU'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 IDU versus a peer is one thing; comparing
IDU 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 IDU can fluctuate over the course of history.
With this page we aim to empower investors researching IDU by allowing them to research the IDU market cap history. |
Free IDU Email Alerts:
Video: The Importance of Market Cap
