|
Video: What is a Stock Split?
|
|
WisdomTree Total Earnings Fund is an open-end management investment company. The Fund seeks investment results that correspond to the price and yield performance of the WisdomTree Earnings Index (the Index). The Index is a fundamentally weighted index that measures the performance of earnings-generating companies within the United States stock market. The Index is earnings-weighted in December to reflect the proportionate share of the aggregate earnings each component company has generated. As of Mar 31 2015, the Fund's total assets and investment portfolio amounted to $133,131,184 and $132,963,768, respectively. According to our EXT split history records, EXT has had 1 split. | |
|
EXT (EXT) has 1 split in our EXT split history database. The split for EXT took place on November 10, 2017. This was a 3 for 1 split, meaning for each share of EXT owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 3000 share position following the split.
When a company such as EXT 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 EXT split history from start to finish, an original position size of 1000 shares would have turned into 3000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into EXT shares, starting with a $10,000 purchase of EXT, presented on a split-history-adjusted basis factoring in the complete EXT split history.
Growth of $10,000.00
With Dividends Reinvested
|
Start date: |
01/23/2015 |
|
End date: |
03/13/2020 |
|
Start price/share: |
$24.44 |
|
End price/share: |
$28.83 |
|
Starting shares: |
409.17 |
|
Ending shares: |
454.39 |
|
Dividends reinvested/share: |
$2.99 |
|
Total return: |
31.00% |
|
Average Annual Total Return: |
5.40% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$13,101.83 |
|
Years: |
5.14 |
|
|
Growth of $10,000.00
Without Dividends Reinvested
|
Start date: |
01/23/2015 |
|
End date: |
03/13/2020 |
|
Start price/share: |
$24.44 |
|
End price/share: |
$28.83 |
|
Dividends collected/share: |
$2.99 |
|
Total return: |
30.21% |
|
Average Annual Total Return: |
5.27% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$13,019.03 |
|
Years: |
5.14 |
|
|
|
Date |
Ratio |
11/10/2017 | 3 for 1 |
|
|