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 Video: What is a Stock Split?
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| iShares U.S. Consumer Goods 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 United States consumer goods stocks, as represented by the Dow Jones United States Consumer Goods Index. The Underlying Index includes companies in a range of industry groups, which include automobiles and parts, beverages, food producers, household goods, leisure goods, personal goods and tobacco. As of Apr 30 2015, the Fund's total assets were $795,772,368 and the Fund's investment portfolio was valued at $794,519,090. According to our IYK split history records, iShares Trust - U.S. Consumer Staples ETF has had 1 split. | |
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iShares Trust - U.S. Consumer Staples ETF (IYK) has 1 split in our IYK split history database. The split for IYK took place on March 07, 2024. This was a 3 for 1 split, meaning for each share of IYK 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 - U.S. Consumer Staples 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 IYK 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 - U.S. Consumer Staples ETF shares, starting with a $10,000 purchase of IYK, presented on a split-history-adjusted basis factoring in the complete IYK split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
12/09/2014 |
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| End date: |
12/06/2024 |
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| Start price/share: |
$35.12 |
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| End price/share: |
$69.08 |
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| Starting shares: |
284.74 |
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| Ending shares: |
355.45 |
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| Dividends reinvested/share: |
$10.86 |
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| Total return: |
145.55% |
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| Average Annual Total Return: |
9.40% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$24,556.88 |
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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: |
12/09/2014 |
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| End date: |
12/06/2024 |
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| Start price/share: |
$35.12 |
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| End price/share: |
$69.08 |
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| Dividends collected/share: |
$10.86 |
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| Total return: |
127.61% |
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| Average Annual Total Return: |
8.57% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$22,756.13 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 03/07/2024 | 3 for 1 |
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