iShares Morningstar Mid Cap Value is an open-end management investment company. The Fund seeks investment results that correspond generally to the price and yield performance of the Morningstar Mid Value Index (the Value Index). The Value Index measures the performance of stocks issued by mid-capitalization companies that have exhibited above-average value characteristics as determined by Morningstar's index methodology. As of Apr 30 2015, the Fund's total assets and investment portfolio totaled $231,888,071 and $231,696,703, respectively. We show 75 historical shares outstanding datapoints in our JKI shares outstanding history coverage, used to compute JKI market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing JKI market cap history over the course of time is important for investors
interested in comparing JKI'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 JKI versus a peer is one thing; comparing
JKI 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 JKI can fluctuate over the course of history.
With this page we aim to empower investors researching JKI by allowing them to research the JKI market cap history. |
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Video: The Importance of Market Cap
