Rydex ETF Trust - Guggenheim S&P 500 Equal Weight Consumer Discretionary is an open-ended investment company. The Fund seeks to replicate the performance of the S&P Equal Weight Index Consumer Discretionary (the Index). The Index is an unmanaged equal weighted version of the S&P 500® Consumer Discretionary Index that consists of the common stocks of the following industries: automobiles and components, consumer durables, apparel, hotels, restaurants, leisure, media and retailing that comprise the Consumer Discretionary sector of the S&P 500® Index. As of Oct 31 2014, the Fund's total assets were $90,807,204 and the Fund's investment portfolio was valued at $90,761,140. We show 1 historical shares outstanding datapoints in our coverage of RCD's shares outstanding history.
Understanding the changing numbers of RCD shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like RCD 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 RCD by allowing them to research RCD shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
