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Video: What is a Stock Split?
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iShares Morningstar Small-Cap Value is an open-end management investment company. The Fund seeks investment results that correspond generally to the price and yield performance of the Morningstar Small Value Index (the Value Index). The Value Index measures the performance of stocks issued by small-capitalization companies that have exhibited above-average value characteristics as determined by Morningstar Inc.'s index methodology. As of Apr 30 2015, the Fund's total assets and investment portfolio totaled $470,699,356 and $469,438,026, respectively. According to our ISCV split history records, iShares Trust - Morningstar Small Cap Value ETF has had 1 split. | |
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iShares Trust - Morningstar Small Cap Value ETF (ISCV) has 1 split in our ISCV split history database. The split for ISCV took place on April 19, 2021. This was a 3 for 1 split, meaning for each share of ISCV 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 iShares Trust - Morningstar Small Cap Value 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 ISCV 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 iShares Trust - Morningstar Small Cap Value ETF shares, starting with a $10,000 purchase of ISCV, presented on a split-history-adjusted basis factoring in the complete ISCV split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
04/28/2014 |
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End date: |
04/24/2024 |
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Start price/share: |
$40.44 |
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End price/share: |
$58.13 |
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Starting shares: |
247.28 |
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Ending shares: |
312.29 |
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Dividends reinvested/share: |
$10.82 |
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Total return: |
81.53% |
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Average Annual Total Return: |
6.15% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$18,160.55 |
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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: |
04/28/2014 |
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End date: |
04/24/2024 |
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Start price/share: |
$40.44 |
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End price/share: |
$58.13 |
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Dividends collected/share: |
$10.82 |
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Total return: |
70.51% |
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Average Annual Total Return: |
5.48% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$17,046.60 |
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Years: |
10.00 |
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Date |
Ratio |
04/19/2021 | 3 for 1 |
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