Market Vectors Global Alternative Energy ETF is an open-end management investment company. The Fund seeks to replicate as closely as possible the price and yield performance of the Ardour Global Index (Extra Liquid) (the Index). The Index is a rules-based, global capitalization-weighted, float-adjusted index that tracks the overall performance of a global universe of listed companies engaged in the alternative energy industry. The Index comprises a globally diversified group of companies engaged in the production of alternative fuels and/or related technologies. As of Dec 31 2013, the Fund's total assets were $111,541,033 and its investment portfolio was valued at $91,410,447. We show 28 historical shares outstanding datapoints in our coverage of SMOG's shares outstanding history.
Understanding the changing numbers of SMOG shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like SMOG 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 SMOG by allowing them to research SMOG shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
