iShares S&P Global Utilities Sector Index Fund is an open-end management company. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Global 1200 Utilities Sector Index (the Index). The Index is a subset of the S&P Global 1200 Index and measures the performance of companies that the Index provider deems to be part of the utilities sector of the economy. The Fund invests in sectors, such as retailing, media, automobile and components, consumer services, consumer durable and apparel, S-T securities and other. As of Mar 31 2015, the Fund's total assets were $186,384,341 and the Fund's investment portfolio was valued at $185,969,917. We show 151 historical shares outstanding datapoints in our JXI shares outstanding history coverage, used to compute JXI market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing JXI market cap history over the course of time is important for investors
interested in comparing JXI'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 JXI versus a peer is one thing; comparing
JXI 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 JXI can fluctuate over the course of history.
With this page we aim to empower investors researching JXI by allowing them to research the JXI market cap history. |
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Video: The Importance of Market Cap
