Direxion Shares Exchange Traded Fund Trust - Direxion Daily Brazil Bull 3X Shares is an open-end manament investment company. The Fund seeks daily investment results of 300% of the performance of the MSCI Brazil 25/50 Index. The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in the securities that comprise the index and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index is designed to measure the performance of the large and mid cap segments of the Brazil equity market. As of Oct 31 2015, the Fund's total assets were $55,071,237 and the Fund's investments portfolio was valued at $39,343,241. We show 135 historical shares outstanding datapoints in our coverage of BRZU's shares outstanding history.
Understanding the changing numbers of BRZU shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like BRZU versus peers —
is critical for investors. 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.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching BRZU by allowing them to research BRZU shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
