iShares U.S. Industrials is an open-end management investment company. The Fund seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Industrials Index (the Index). The Index measures the performance of the industrials sector of the United States equity market, and includes companies in the industry groups, such as construction and materials, aerospace and defense, general industrials, electronic and electrical equipment, industrial engineering, industrial transportation and support services. As of Apr 30 2015, the Fund's total assets and investment portfolio totaled $948,204,795 and $947,426,135, respectively. We show 578 historical shares outstanding datapoints in our IYJ shares outstanding history coverage, used to compute IYJ market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing IYJ market cap history over the course of time is important for investors
interested in comparing IYJ'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 IYJ versus a peer is one thing; comparing
IYJ 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 IYJ can fluctuate over the course of history.
With this page we aim to empower investors researching IYJ by allowing them to research the IYJ market cap history. |
Free IYJ Email Alerts:
Video: The Importance of Market Cap
