| SPDR S&P Capital Markets is an open-end investment management company. The Fund seeks to closely match the returns and characteristics of the S&P Capital Markets Select Industry Index. The S&P Capital Markets Select Industry Index is a float-adjusted, modified-market, capitalization-weighted index that seeks to reflect the performance of the United States publicly traded companies that do business as broker dealers, asset managers, trust and custody banks or exchanges. The Fund invests all, but at least 80%, of its total assets in the securities consisting of the Index. As of June 30 2015, the Fund's total assets and investment portfolio totaled $190,729,949 and $190,486,042, respectively. We show 69 historical shares outstanding datapoints in our KCE shares outstanding history coverage, used to compute KCE market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing KCE market cap history over the course of time is important for investors
interested in comparing KCE'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 KCE versus a peer is one thing; comparing
KCE 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 KCE can fluctuate over the course of history.
With this page we aim to empower investors researching KCE by allowing them to research the KCE market cap history.