iShares U.S. Financial Services is an open-end management investment company. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Financial Services Index (the Underlying Index). The Underlying Index measures the performance of the financial services sector of the United States equity market. The Underlying Index includes components of subsectors in the Dow Jones U.S. Index: banks, asset managers, consumer finance, specialty finance, investment services and mortgage finance. As of Apr 30 2015, the Fund's total assets were $566,606,760 and the Fund's investment portfolio was valued at $566,235,885. We show 560 historical shares outstanding datapoints in our coverage of IYG's shares outstanding history.
Understanding the changing numbers of IYG shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like IYG 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 IYG by allowing them to research IYG shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
