The iShares Global REIT ETF (the “Fund”) is an open-end management investment company. The Fund seeks to track the investment results of an index composed of global real estate equities in developed and emerging markets, as represented by the FTSE EPRA/NAREIT Global REIT 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. Due to the use of representative sampling, the Fund may or may not hold all of the securities that are included in the Index. As of Apr 30 2015, the Fund's total assets and investment portfolio totaled $23,632,865 and $23,536,639, respectively. We show 161 historical shares outstanding datapoints in our REET shares outstanding history coverage, used to compute REET market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing REET market cap history over the course of time is important for investors
interested in comparing REET'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 REET versus a peer is one thing; comparing
REET 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 REET can fluctuate over the course of history.
With this page we aim to empower investors researching REET by allowing them to research the REET market cap history. |
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Video: The Importance of Market Cap
