iShares S&P/TOPIX 150 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/TOPIX 150 Index (the Index). The Index includes 150 securities selected from each sector of the Tokyo market. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. As of Mar 31 2013, the Fund's total assets and investment portfolio totaled $69,744,514 and $69,046,448, respectively. We show 32 historical shares outstanding datapoints in our JPXN shares outstanding history coverage, used to compute JPXN market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing JPXN market cap history over the course of time is important for investors
interested in comparing JPXN'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 JPXN versus a peer is one thing; comparing
JPXN 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 JPXN can fluctuate over the course of history.
With this page we aim to empower investors researching JPXN by allowing them to research the JPXN market cap history. |