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 Video: What is a Stock Split?
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| Eaton Vance is engaged in managing investment funds and providing investment management and advisory services to high-net-worth individuals and institutions. Through its investment affiliates, Co. manages active equity, income, alternative and blended strategies across a range of investment styles and asset classes, including U.S., global and international equities, floating-rate bank loans, municipal bonds, global income, high-yield and investment grade bonds, and mortgage-backed securities, as well as a range of systematic investment strategies, including systematic equity, systematic fixed income, systematic alternatives and managed options strategies. According to our EV split history records, Neos Etf Trust Mast Global Battery Recycling & Pro has had 5 splits. | |
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Neos Etf Trust Mast Global Battery Recycling & Pro (EV) has 5 splits in our EV split history database. The first split for EV took place on December 08, 1992. This was a 2 for 1
split, meaning for each share of EV owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split. EV's second split took place on May 30, 1997. This was a 2 for 1
split, meaning for each share of EV owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split. EV's third split took place on September 01, 1998. This was a 2 for 1
split, meaning for each share of EV owned pre-split, the shareholder now owned 2 shares. For example, a 4000 share position pre-split, became a 8000 share position following the split. EV's 4th split took place on November 14, 2000. This was a 2 for 1 split, meaning for each share of EV owned pre-split, the shareholder now owned 2 shares. For example, a 8000 share position pre-split, became a 16000 share position following the split. EV's 5th split took place on January 18, 2005. This was a 2 for 1 split, meaning for each share of EV owned pre-split, the shareholder now owned 2 shares. For example, a 16000 share position pre-split, became a 32000 share position following the split.
When a company such as Neos Etf Trust Mast Global Battery Recycling & Pro splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the EV split history from start to finish, an original position size of 1000 shares would have turned into 32000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Neos Etf Trust Mast Global Battery Recycling & Pro shares, starting with a $10,000 purchase of EV, presented on a split-history-adjusted basis factoring in the complete EV split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
12/21/2023 |
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| End date: |
04/19/2024 |
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| Start price/share: |
$25.29 |
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| End price/share: |
$23.41 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
-7.45% |
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| Annualized Gain: |
-22.85% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$9,255.00 |
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| Years: |
0.33 |
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| Date |
Ratio |
| 12/08/1992 | 2 for 1
| | 05/30/1997 | 2 for 1
| | 09/01/1998 | 2 for 1
| | 11/14/2000 | 2 for 1 | | 01/18/2005 | 2 for 1 |
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