Market Vectors Oil Services ETF is an open-end management investment company. The Fund seeks to replicate as closely as possible the price and yield performance of the Market Vectors US Listed Oil Services 25 Index. The Fund invests at least 80% of its total assets in securities, which comprises the Fund's benchmark index. The Fund's benchmark index is consisted of common stocks and depositary receipts of the United States exchange-listed companies in the oil services sector. As of Dec 31 2013, the Fund's total assets were $1,499,378,061 and its investment portfolio was valued at $1,481,403,619. We show 355 historical shares outstanding datapoints in our coverage of OIH's shares outstanding history.
Understanding the changing numbers of OIH shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like OIH 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 OIH by allowing them to research OIH shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
