Market Vectors Mortgage REIT Income ETF is an open-end management investment company. The Market Vectors Global Mortgage REITs Index (the “Index”) is the exclusive property of Market Vectors Index Solutions GmbH, which has contracted with Structured Solutions AG to maintain and calculate the Index. As of Apr 30 2013, the Fund's total assets were $132,037,953 and its investment portfolio was valued at $130,979,863. We show 161 historical shares outstanding datapoints in our MORT shares outstanding history coverage, used to compute MORT market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing MORT market cap history over the course of time is important for investors
interested in comparing MORT'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 MORT versus a peer is one thing; comparing
MORT 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 MORT can fluctuate over the course of history.
With this page we aim to empower investors researching MORT by allowing them to research the MORT market cap history. |
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Video: The Importance of Market Cap
