PowerShares KBW Premium Yield Equity REIT Portfolio is an open-end management investment company. The Fund seeks investment results that generally correspond (before fees and expenses) to the price and yield of the KBW Premium Yield Equity REIT Index. The fund generally invests at least 90% of its total assets in the securities of small- and mid-cap equity REITs in the United States that comprise the underlying index. It generally invests in all of the securities comprising the underlying index in proportion to their weightings in the underlying index. As of Oct 31 2013, the Fund's total assets were $69,167,960 and the Fund's investment portfolio was valued at $68,908,545. We show 1 historical shares outstanding datapoints in our KBWY shares outstanding history coverage, used to compute KBWY market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing KBWY market cap history over the course of time is important for investors
interested in comparing KBWY'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 KBWY versus a peer is one thing; comparing
KBWY 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 KBWY can fluctuate over the course of history.
With this page we aim to empower investors researching KBWY by allowing them to research the KBWY market cap history. |
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Video: The Importance of Market Cap
