SPDR S&P 500 Growth is an open-end investment management company. The Fund seeks to provide investment results, which correspond to the total return performance of an index tracks the performance of exchange traded the equity securities. The Fund matches the returns and characteristics of the S&P 500 Growth Index (the Index). The index measures the performance of the growth sector in the United States equity market. The selection universe for the S&P 500 Index includes all the United States common equities. As of June 30 2015, the Fund's total assets and investment porfolio totaled $568,534,398 and $567,682,368, respectively. We show 20 historical shares outstanding datapoints in our SPYG shares outstanding history coverage, used to compute SPYG market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SPYG market cap history over the course of time is important for investors
interested in comparing SPYG'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 SPYG versus a peer is one thing; comparing
SPYG 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 SPYG can fluctuate over the course of history.
With this page we aim to empower investors researching SPYG by allowing them to research the SPYG market cap history. |
Free SPYG Email Alerts:
Video: The Importance of Market Cap
