iShares North American Tech-Software is an open-end management investment company. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P North American Technology Software Index (the Underlying Index). The Underlying Index includes companies that are producers of client/server applications, enterprise software, application software, personal computers and home entertainment software. As of July 31 2015, the Fund's total assets were $1,173,852,495 and the Fund's investment portfolio was valued at $1,173,839,255. We show 764 historical shares outstanding datapoints in our IGV shares outstanding history coverage, used to compute IGV market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing IGV market cap history over the course of time is important for investors
interested in comparing IGV'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 IGV versus a peer is one thing; comparing
IGV 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 IGV can fluctuate over the course of history.
With this page we aim to empower investors researching IGV by allowing them to research the IGV market cap history. |
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Video: The Importance of Market Cap
