ProShares UltraPro MidCap400 is an open-end management investment company. The Fund seeks daily investment results, which correspond to triple (300%) the daily performance of the S&P MidCap 400 Index (the Index). The Index is used measure of mid-size company United States stock market performance. Companies are selected for inclusion in the Index by Standard & Poor's based on adequate liquidity, appropriate market capitalization, financial viability and public float. As of May 31 2013, the Fund's total assets and investment portfolio totaled $26,284,682 and $18,547,228, respectively. We show 152 historical shares outstanding datapoints in our coverage of UMDD's shares outstanding history.
Understanding the changing numbers of UMDD shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like UMDD 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 UMDD by allowing them to research UMDD shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
