iShares 1-3 Year Treasury Bond ETF (the “Fund”) seeks to track the investment results of an index composed of U.S. Treasury bonds with remaining maturities between one and three years, as represented by the Barclays U.S. 1-3 Year Treasury Bond 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. 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 Feb 28 2015, the Fund's total assets were $8,013,661,907 and the Fund's investment portfolio was valued at $7,984,591,988. We show 1054 historical shares outstanding datapoints in our SHY shares outstanding history coverage, used to compute SHY market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SHY market cap history over the course of time is important for investors
interested in comparing SHY'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 SHY versus a peer is one thing; comparing
SHY 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 SHY can fluctuate over the course of history.
With this page we aim to empower investors researching SHY by allowing them to research the SHY market cap history. |
Free SHY Email Alerts:
Video: The Importance of Market Cap
