SPDR Wells Fargo Preferred Stock is an open-end investment management company. The Fund seeks to replicate the total return of the Wells Fargo Hybrid and Preferred Securities Aggregate Index (the Index). The Index is a modified market capitalization weighted index designed to measure the performance of non-convertible preferred stock and securities. In addition, the Fund may invest in securities that are not included in the Index, futures, options, swap contracts and other derivatives, cash and cash equivalents or money market instruments. As of June 30 2015, the Fund's total assets and investment porfolio totaled $362,029,103 and $332,088,048, respectively. We show 74 historical shares outstanding datapoints in our coverage of PSK's shares outstanding history.
Understanding the changing numbers of PSK shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like PSK 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 PSK by allowing them to research PSK shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
