Guggenheim S&P MidCap 400 Pure Value is an open-end management investment company. The Fund seeks to replicate as closely as possible the performance of the S&P MidCap 400 Pure Value Index (Underlying Index). The Fund invests in sectors, such as energy, materials, consumer staples, healthcare, utilities, industrials, information technology, consumer discretionary, financials and telecommunication services. As of Oct 31 2014, the Fund's total assets were $128,973,863 and the Fund's investment portfolio was valued at $125,255,833. We show 1 historical shares outstanding datapoints in our RFV shares outstanding history coverage, used to compute RFV market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing RFV market cap history over the course of time is important for investors
interested in comparing RFV'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 RFV versus a peer is one thing; comparing
RFV 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 RFV can fluctuate over the course of history.
With this page we aim to empower investors researching RFV by allowing them to research the RFV market cap history. |
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Video: The Importance of Market Cap
