The iShares MSCI USA Quality Factor ETF (the “Fund”) is an open-end management investment company. The Fund seeks to track the investment results of an index composed of U.S. large- and mid-capitalization stocks with quality characteristics as identified through certain fundamental metrics, as represented by the MSCI USA Quality 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. As of Jul 31 2015, the Fund's total assets were $1,133,164,610 and the Fund's investment portfolio was valued at $1,132,836,980. We show 267 historical shares outstanding datapoints in our QUAL shares outstanding history coverage, used to compute QUAL market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing QUAL market cap history over the course of time is important for investors
interested in comparing QUAL'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 QUAL versus a peer is one thing; comparing
QUAL 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 QUAL can fluctuate over the course of history.
With this page we aim to empower investors researching QUAL by allowing them to research the QUAL market cap history. |
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Video: The Importance of Market Cap
