PowerShares S&P SmallCap Low Volatility Portfolio is an open-end management investment company. The Fund seeks investment results that generally correspond (before fees and expenses) to the price and yield of the S&P SmallCap 600 Low Volatility Index (the "Index"). The Fund will invest at least 90% of its total assets in the securities of companies that comprise the Index. As of Oct 31 2013, the Fund's total assets were $32,913,389 and the Fund's investment portfolio was valued at $31,378,448. We show 1 historical shares outstanding datapoints in our XSLV shares outstanding history coverage, used to compute XSLV market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing XSLV market cap history over the course of time is important for investors
interested in comparing XSLV'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 XSLV versus a peer is one thing; comparing
XSLV 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 XSLV can fluctuate over the course of history.
With this page we aim to empower investors researching XSLV by allowing them to research the XSLV market cap history. |
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Video: The Importance of Market Cap
