iShares Trust Russell Midcap Index Fund is an open-end management investment company. The Fund seeks investment results that correspond generally to the price and yield performance of the Russell Midcap Index (the Index). The Index measures the performance of the mid-capitalization sector of the United States equity market. The Index is a float-adjusted, capitalization-weighted index of the 800 smallest issuers in the Russell 1000 Index. As of Mar 31 2015, the Fund's total assets and investment portfolio totaled $13,418,688,600 and $13,377,884,081, respectively. We show 122 historical shares outstanding datapoints in our IWR shares outstanding history coverage, used to compute IWR market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing IWR market cap history over the course of time is important for investors
interested in comparing IWR'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 IWR versus a peer is one thing; comparing
IWR 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 IWR can fluctuate over the course of history.
With this page we aim to empower investors researching IWR by allowing them to research the IWR market cap history. |
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Video: The Importance of Market Cap
