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 Video: What is a Stock Split?
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| iShares U.S. Energy is an open-end management investment company. The Fund seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Oil & Gas Index (the Index). The Index measures the performance of the oil and gas sector of the United States equity market, and includes companies in industry groups, such as oil and gas producers, and oil equipment, services and distribution. 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 Apr 30 2015, the Fund's total assets and investment portfolio totaled $2,285,357,413 and $2,283,665,682, respectively. According to our IYE split history records, iShares Trust - iShares U.S. Energy ETF has had 1 split. | |
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iShares Trust - iShares U.S. Energy ETF (IYE) has 1 split in our IYE split history database. The split for IYE took place on July 24, 2008. This was a 3 for 1 split, meaning for each share of IYE 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 - iShares U.S. Energy 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 IYE 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 - iShares U.S. Energy ETF shares, starting with a $10,000 purchase of IYE, presented on a split-history-adjusted basis factoring in the complete IYE split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
10/07/2014 |
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| End date: |
10/04/2024 |
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| Start price/share: |
$49.62 |
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| End price/share: |
$49.04 |
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| Starting shares: |
201.53 |
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| Ending shares: |
285.71 |
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| Dividends reinvested/share: |
$12.09 |
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| Total return: |
40.11% |
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| Average Annual Total Return: |
3.43% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$14,010.87 |
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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: |
10/07/2014 |
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| End date: |
10/04/2024 |
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| Start price/share: |
$49.62 |
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| End price/share: |
$49.04 |
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| Dividends collected/share: |
$12.09 |
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| Total return: |
23.20% |
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| Average Annual Total Return: |
2.11% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$12,322.04 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 07/24/2008 | 3 for 1 |
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