iShares S&P Global Technology Sector 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 S&P Global Information Technology 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 information technology sector of the economy. As of Mar 31 2015, the Fund's total assets were $900,396,227 and the Fund's investment portfolio was valued at $898,534,390. We show 257 historical shares outstanding datapoints in our IXN shares outstanding history coverage, used to compute IXN market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing IXN market cap history over the course of time is important for investors
interested in comparing IXN'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 IXN versus a peer is one thing; comparing
IXN 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 IXN can fluctuate over the course of history.
With this page we aim to empower investors researching IXN by allowing them to research the IXN market cap history. |
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Video: The Importance of Market Cap
