iShares S&P Global Energy Sector 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 S&P Global Energy Sector Index (the Index). The Index is a subset of the S&P Global 1200 Index, and measures the performance of companies that S&P deems to be part of the energy sector of the economy. Component companies include oil equipment and services, oil exploration and production, and oil refinery, oil storage and transportation, and coal and uranium mining companies. As of Mar 31 2015, the Fund's total assets and investment portfolio totaled $1,077,053,070 and $1,073,506,403, respectively. We show 397 historical shares outstanding datapoints in our IXC shares outstanding history coverage, used to compute IXC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing IXC market cap history over the course of time is important for investors
interested in comparing IXC'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 IXC versus a peer is one thing; comparing
IXC 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 IXC can fluctuate over the course of history.
With this page we aim to empower investors researching IXC by allowing them to research the IXC market cap history. |
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Video: The Importance of Market Cap
