These investments are in stocks or shares of ownership issued by publicly traded companies.
They are traded on stock exchanges such as the NYSE or NASDAQ.
The asset class of equities is subdivided by market capitalization into small-cap, mid-cap, and large-cap stocks.
Market capitalization refers to the total dollar market value of a company’s outstanding shares of stock.
It is calculated by multiplying the total number of a company’s outstanding shares by the current market price of one share.
Market capitalization of less than $250 million.
Market capitalization of $10 billion to $100 billion.
Market capitalization of $250 million to $2 billion.
Market capitalization of more than $100 billion.
Market capitalization of $2 billion to $10 billion.