Global X Guru Index is an open-end management investment company. The Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Guru Index (the Index). The Fund generally seeks to replicate the Index but may at times invest in a representative sample of securities that collectively has an investment profile similar to the Index and as a result may or may not hold all the securities that are included in the Index. As of Oct 31 2014, the Fund had total assets of $451,900,326 and its total investments were $449,121,254. We show 32 historical shares outstanding datapoints in our coverage of GURU's shares outstanding history.
Understanding the changing numbers of GURU shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like GURU 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 GURU by allowing them to research GURU shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
