iShares U.S. Home Construction is an open-end management investment company. The Fund seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Select Home Construction Index (the Index). The Index measures the performance of the home construction sector of the United States equity market, and includes companies that are constructors of residential homes, including manufacturers of mobile and prefabricated homes. As of Apr 30 2015, the Fund's total assets were $2,176,348,015 and the Fund's investment portfolio was valued at $2,175,643,723. We show 1459 historical shares outstanding datapoints in our coverage of ITB's shares outstanding history.
Understanding the changing numbers of ITB shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like ITB 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 ITB by allowing them to research ITB shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
