iShares U.S. Healthcare 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 Dow Jones U.S. Health Care Index (the Index). The Index measures the performance of the healthcare sector of the United States equity market, and includes companies in the industry groups, such as healthcare equipment and services, pharmaceuticals and biotechnology. As of Apr 30 2015, the Fund's total assets were $2,442,303,368 and the Fund's investment portfolio was valued at $2,283,665,682. We show 678 historical shares outstanding datapoints in our IYH shares outstanding history coverage, used to compute IYH market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing IYH market cap history over the course of time is important for investors
interested in comparing IYH'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 IYH versus a peer is one thing; comparing
IYH 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 IYH can fluctuate over the course of history.
With this page we aim to empower investors researching IYH by allowing them to research the IYH market cap history. |
Free IYH Email Alerts:
Video: The Importance of Market Cap
