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 Video: What is a Stock Split?
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| PowerShares S&P Small Cap Information Technology Portfolio is an open-end management investment company. The Fund seeks investment results that generally correspond (before fees and expenses) to the price and yield of the S&P SmallCap 600® Capped Information Technology Index. The fund generally invests at least 90% of its total assets in common stocks of small capitalization U.S. information technology companies that comprise the underlying index. As of Oct 31 2013, the Fund's total assets were $214,226,831 and the Fund's investment portfolio was valued at $209,985,991. According to our PSCT split history records, Invesco Exchange-Traded Fund Trust II - S&P SmallCap Inormation Technology ETF has had 1 split. | |
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Invesco Exchange-Traded Fund Trust II - S&P SmallCap Inormation Technology ETF (PSCT) has 1 split in our PSCT split history database. The split for PSCT took place on July 17, 2023. This was a 3 for 1 split, meaning for each share of PSCT 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 Invesco Exchange-Traded Fund Trust II - S&P SmallCap Inormation Technology 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 PSCT 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 Invesco Exchange-Traded Fund Trust II - S&P SmallCap Inormation Technology ETF shares, starting with a $10,000 purchase of PSCT, presented on a split-history-adjusted basis factoring in the complete PSCT split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
09/17/2014 |
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| End date: |
09/13/2024 |
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| Start price/share: |
$15.38 |
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| End price/share: |
$45.90 |
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| Starting shares: |
650.20 |
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| Ending shares: |
659.53 |
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| Dividends reinvested/share: |
$0.36 |
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| Total return: |
202.72% |
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| Average Annual Total Return: |
11.72% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$30,281.50 |
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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: |
09/17/2014 |
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| End date: |
09/13/2024 |
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| Start price/share: |
$15.38 |
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| End price/share: |
$45.90 |
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| Dividends collected/share: |
$0.36 |
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| Total return: |
200.76% |
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| Average Annual Total Return: |
11.64% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$30,065.42 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 07/17/2023 | 3 for 1 |
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