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 Video: What is a Stock Split?
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| iShares U.S. Healthcare is an open-end management investment company. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Health Care Index (the Index). The Index measures the performance of the healthcare sector of the United States equity market, and includes companies in the industry groups, such as healthcare equipment and services, pharmaceuticals and biotechnology. As of Apr 30 2015, the Fund's total assets were $2,442,303,368 and the Fund's investment portfolio was valued at $2,283,665,682. According to our IYH split history records, iShares Trust - iShares U.S. Healthcare ETF has had 1 split. | |
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iShares Trust - iShares U.S. Healthcare ETF (IYH) has 1 split in our IYH split history database. The split for IYH took place on March 07, 2024. This was a 5 for 1 split, meaning for each share of IYH owned pre-split, the shareholder now owned 5 shares. For example, a 1000 share position pre-split, became a 5000 share position following the split.
When a company such as iShares Trust - iShares U.S. Healthcare 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 IYH split history from start to finish, an original position size of 1000 shares would have turned into 5000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into iShares Trust - iShares U.S. Healthcare ETF shares, starting with a $10,000 purchase of IYH, presented on a split-history-adjusted basis factoring in the complete IYH split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
12/16/2014 |
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| End date: |
12/13/2024 |
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| Start price/share: |
$28.34 |
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| End price/share: |
$59.69 |
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| Starting shares: |
352.86 |
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| Ending shares: |
403.90 |
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| Dividends reinvested/share: |
$5.61 |
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| Total return: |
141.09% |
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| Average Annual Total Return: |
9.20% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$24,111.62 |
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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: |
12/16/2014 |
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| End date: |
12/13/2024 |
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| Start price/share: |
$28.34 |
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| End price/share: |
$59.69 |
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| Dividends collected/share: |
$5.61 |
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| Total return: |
130.41% |
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| Average Annual Total Return: |
8.70% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$23,030.08 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 03/07/2024 | 5 for 1 |
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