iShares Global Consumer Staples ETF (the Fund) is an open-end management investment company. The Fund seeks to track the investment results of an index composed of global equities in the consumer staples sector, as represented by the S&P Global 1200 Consumer Staples Sector Index™ (the Index). The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. Due to the use of representative sampling, the Fund may or may not hold all of the securities that are included in the Index. As of Mar 31 2015, the Fund had total assets of $648.7 million. We show 166 historical shares outstanding datapoints in our KXI shares outstanding history coverage, used to compute KXI market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing KXI market cap history over the course of time is important for investors
interested in comparing KXI'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 KXI versus a peer is one thing; comparing
KXI 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 KXI can fluctuate over the course of history.
With this page we aim to empower investors researching KXI by allowing them to research the KXI market cap history. |
Video: The Importance of Market Cap
