SPDR S&P Bank is an open-end investment management company. The Fund seeks to closely match the returns and characteristics of the S&P Banks Select Industry Index. The S&P Banks Select Industry Index is a float adjusted modified-market, capitalization-weighted index that seeks to reflect the performance of publicly traded companies that do business as banks or thrifts. The Fund invests all, but at least 80%, of its total assets in the securities consisting of the Index. As of June 30 2015, the Fund's total assets and investment portfolio totaled $3,316,000,075 and $3,311,038,085, respectively. We show 301 historical shares outstanding datapoints in our coverage of KBE's shares outstanding history.
Understanding the changing numbers of KBE shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like KBE 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 KBE by allowing them to research KBE shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
