Market Vectors China ETF is an open-end management investment company. The Fund seek investment results that correspond generally to the price and yield performance, before fees and expenses, of the CSI 300 Index. As of Dec 31 2013, the Fund's total assets were $31,159,956 and its investment portfolio was valued at $18,401,761. We show 24 historical shares outstanding datapoints in our PEK shares outstanding history coverage, used to compute PEK market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PEK market cap history over the course of time is important for investors
interested in comparing PEK'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 PEK versus a peer is one thing; comparing
PEK 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 PEK can fluctuate over the course of history.
With this page we aim to empower investors researching PEK by allowing them to research the PEK market cap history. |
Free PEK Email Alerts:
Video: The Importance of Market Cap
