iShares Trust Russell Midcap Growth Index Fund is an open-end management investment company. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Russell Midcap Growth Index (the Growth Index). The Index measures the performance of the mid-capitalization growth sector of the United States equity market. The Fund invests in a representative sample of securities included in the index that has an investment profile similar to Growth Index. As of Mar 31 2015, the Fund's total assets and investment portfolio totaled $6,930,500,446 and $6,913,659,093, respectively. We show 683 historical shares outstanding datapoints in our IWP shares outstanding history coverage, used to compute IWP market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing IWP market cap history over the course of time is important for investors
interested in comparing IWP'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 IWP versus a peer is one thing; comparing
IWP 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 IWP can fluctuate over the course of history.
With this page we aim to empower investors researching IWP by allowing them to research the IWP market cap history. |
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Video: The Importance of Market Cap
