iShares Morningstar Small-Cap is an open-end management investment company. The Fund seeks investment results that correspond generally to the price and yield performance of the Morningstar Small Core Index (the Core Index). The Core Index measures the performance of stocks issued by small-capitalization companies that have exhibited average growth and value characteristics as determined by Morningstar Inc.'s index methodology. As of Apr 30 2015, the Fund's total assets and investment portfolio totaled $255,981,231 and $255,878,181, respectively. We show 7 historical shares outstanding datapoints in our ISCB shares outstanding history coverage, used to compute ISCB market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ISCB market cap history over the course of time is important for investors
interested in comparing ISCB'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 ISCB versus a peer is one thing; comparing
ISCB 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 ISCB can fluctuate over the course of history.
With this page we aim to empower investors researching ISCB by allowing them to research the ISCB market cap history. |
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Video: The Importance of Market Cap
