| Market Vectors Jr Gold Miners ETF is an open-end management investment company. The Fund seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors Junior Gold Miners Index (the Index). The Index provides exposure to a global universe of publicly traded small- and medium-capitalization companies that generate at least 50% of their revenues from gold and/or silver mining, hold real property that has the potential to produce at least 50% of Co.'s revenue. As of Dec 31 2013, the Fund's total assets were $1,262,877,514 and its investment portfolio was valued at $1,136,697,581. We show 138 historical shares outstanding datapoints in our coverage of GDXJ's shares outstanding history.|
Understanding the changing numbers of GDXJ shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like GDXJ 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 GDXJ by allowing them to research GDXJ shares outstanding history
as well as any other stock in our coverage universe.