PowerShares Active U.S. Real Estate Fund is an open-end management investment company. The Fund seeks high total return through growth of capital and current income. The Fund structures and selects its investments primarily from a universe of securities that are included within the FTSE NAREIT Equity REITs Index at the time of purchase. The selection methodology uses quantitative and statistical metrics to identify attractively priced securities and manage risk. As of Oct 31 2013, the Fund's total assets were $33,201,993 and the Fund's investment portfolio was valued at $33,145,084. We show 1 historical shares outstanding datapoints in our PSR shares outstanding history coverage, used to compute PSR market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PSR market cap history over the course of time is important for investors
interested in comparing PSR'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 PSR versus a peer is one thing; comparing
PSR 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 PSR can fluctuate over the course of history.
With this page we aim to empower investors researching PSR by allowing them to research the PSR market cap history. |
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Video: The Importance of Market Cap
