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Video: What is a Stock Split?
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iShares S&P Global 100 Index Fund is an open-end management investment company. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield performance, before fees and expenses, of its underlying index. The Fund seeks to track the investment results of an index composed of 100 large-capitalization global equities, as represented by S&P Global 100 (the Index). The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. As of Mar 31 2016, the Fund's total assets were $1,659,048,839 and the Fund's investment portfolio was valued at $1,650,107,592. According to our IOO split history records, iShares Trust - iShares Global 100 ETF has had 1 split. | |
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iShares Trust - iShares Global 100 ETF (IOO) has 1 split in our IOO split history database. The split for IOO took place on May 02, 2018. This was a 2 for 1 split, meaning for each share of IOO 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.
When a company such as iShares Trust - iShares Global 100 ETF 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 IOO split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into iShares Trust - iShares Global 100 ETF shares, starting with a $10,000 purchase of IOO, presented on a split-history-adjusted basis factoring in the complete IOO split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
10/09/2014 |
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End date: |
10/07/2024 |
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Start price/share: |
$37.53 |
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End price/share: |
$97.95 |
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Starting shares: |
266.45 |
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Ending shares: |
328.39 |
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Dividends reinvested/share: |
$10.94 |
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Total return: |
221.65% |
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Average Annual Total Return: |
12.39% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$32,167.38 |
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Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
10/09/2014 |
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End date: |
10/07/2024 |
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Start price/share: |
$37.53 |
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End price/share: |
$97.95 |
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Dividends collected/share: |
$10.94 |
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Total return: |
190.14% |
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Average Annual Total Return: |
11.24% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$29,022.62 |
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Years: |
10.00 |
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Date |
Ratio |
05/02/2018 | 2 for 1 |
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