| PowerShares KBW Bank Portfolio is an open-end management investment company. The Fund seeks investment results that generally correspond (before fees and expenses) to the price and yield of the KBW Bank Index (the "Index"). The Fund generally will invest at least 90% of its total assets in securities of national money centers (which are banks with more than $50 billion in assets and that have a branch network across geographic regions) and regional banks and thrifts that are listed on a U.S. national securities exchange and that comprise the Index. As of Oct 31 2013, the Fund's total assets were $153,578,476 and the Fund's investment portfolio was valued at $153,493,821. We show 1 historical shares outstanding datapoints in our coverage of KBWB's shares outstanding history.|
Understanding the changing numbers of KBWB shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like KBWB 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 KBWB by allowing them to research KBWB shares outstanding history
as well as any other stock in our coverage universe.