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 Video: What is a Stock Split?
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| Direxion Shares Exchange Traded Fund Trust - All Cap Insider Sentiment Shares is an open-end manament investment company. The Fund seeks to match, after expenses, the return of the Sabrient Mutli-Cap Insider/Analyst Quant-Weighted Index (the "Index"). The Index is a quantitatively-weighted index comprised of 100 of the top publicly traded companies in the S&P 1500® Index as determined by the Index provider. As of Oct 31 2013, the Fund's total assets were $5,596,826 and the Fund's investments portfolio was valued at $5,532,460. According to our KNOW split history records, KNOW has had 2 splits. | |
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KNOW (KNOW) has 2 splits in our KNOW split history database. The first split for KNOW took place on April 28, 2017. KNOW's second split took place on May 01, 2017. This was a 2 for 1 split, meaning for each share of KNOW 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 KNOW 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 KNOW 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 KNOW shares, starting with a $10,000 purchase of KNOW, presented on a split-history-adjusted basis factoring in the complete KNOW split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
12/02/2013 |
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| End date: |
10/16/2020 |
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| Start price/share: |
$29.05 |
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| End price/share: |
$35.83 |
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| Starting shares: |
344.23 |
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| Ending shares: |
432.49 |
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| Dividends reinvested/share: |
$8.97 |
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| Total return: |
54.96% |
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| Average Annual Total Return: |
6.58% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$15,496.80 |
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| Years: |
6.87 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
12/02/2013 |
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| End date: |
10/16/2020 |
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| Start price/share: |
$29.05 |
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| End price/share: |
$35.83 |
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| Dividends collected/share: |
$8.97 |
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| Total return: |
54.22% |
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| Average Annual Total Return: |
6.51% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$15,426.97 |
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| Years: |
6.87 |
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| Date |
Ratio |
| 04/28/2017 | 1 for 1 | | 05/01/2017 | 2 for 1 |
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