PowerShares Dynamic Leisure and Entertainment Portfolio is an open-end management investment company. The Fund seeks investment results that correspond generally to the price and yield of the Dynamic Leisure and Entertainment Intellidex Index (the Index). The Index is designed to provide capital appreciation by thoroughly evaluating companies based on a variety of investment merit criteria, including fundamental growth, stock valuation, investment timeliness and risk factors. The Index consists of stocks of 30 United States leisure and entertainment companies. As of Apr 30 2013, the Fund's total assets were $85,888,644 and the Fund's investment portfolio was valued at $85,888,639. We show 1 historical shares outstanding datapoints in our coverage of PEJ's shares outstanding history.
Understanding the changing numbers of PEJ shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like PEJ 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 PEJ by allowing them to research PEJ shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
