Alps ETF Trust - Equals Sector Weight is an open-end investment management company. The Fund seeks investment results that replicate as closely as possible, before fees and expenses, the performance of the Banc of America Securities - Merrill Lynch Equal Sector Weight Index (the "Underlying Index"). The Underlying Index is an index of indexes comprised in equal proportions of the nine Select Sector SPDR Indexes. The Fund's investment objective is not fundamental and may be changed by the Board of Trustees without shareholder approval. As of Nov 30 2012, the Fund's total assets and investment portfolio totaled $75,612,220 and $75,588,734, respectively. We show 9 historical shares outstanding datapoints in our coverage of EQL's shares outstanding history.
Understanding the changing numbers of EQL shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like EQL 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 EQL by allowing them to research EQL shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
