Global X NASDAQ China Technology is an open-end management investment company. The Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the NASDAQ OMX China Technology Index. The NASDAQ OMX China Technology Index is designed to track the performance of the technology sector in China. It is made up of securities of companies which have their business operations in the technology sector. As of Oct 31 2014, the Fund had total assets of $22,320,022 and its total investments were $22,279,360. We show 34 historical shares outstanding datapoints in our QQQC shares outstanding history coverage, used to compute QQQC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing QQQC market cap history over the course of time is important for investors
interested in comparing QQQC'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 QQQC versus a peer is one thing; comparing
QQQC 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 QQQC can fluctuate over the course of history.
With this page we aim to empower investors researching QQQC by allowing them to research the QQQC market cap history. |
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Video: The Importance of Market Cap
