iShares U.S. Healthcare Providers is an open-end management investment company. The Fund seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Select Health Care Providers Index (the Index). The Index measures the performance of the health care providers sector of the United States equity market, and includes companies that are health care providers. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. As of Apr 30 2015, the Fund's total assets were $846,414,834 and the Fund's investment portfolio was valued at $846,395,903. We show 253 historical shares outstanding datapoints in our IHF shares outstanding history coverage, used to compute IHF market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing IHF market cap history over the course of time is important for investors
interested in comparing IHF'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 IHF versus a peer is one thing; comparing
IHF 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 IHF can fluctuate over the course of history.
With this page we aim to empower investors researching IHF by allowing them to research the IHF market cap history. |
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Video: The Importance of Market Cap
