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 Video: What is a Stock Split?
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| Guggenheim S&P 500 Pure Growth is an open-end management investment company. The Fund seeks to replicate as closely as possible the performance of the S&P 500 Pure Growth Index (the Index). The Fund uses a passive management strategy, known as replication, to track the performance of the Index. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowings for investment purposes, in the equity securities (and derivatives thereof) included in the Index. As of Oct 31 2014, the Fund's total assets were $1,815,211,293 and the Fund's investment portfolio was valued at $1,814,978,598. According to our RPG split history records, Invesco Exchange-Traded Fund Trust - S&P 500 Pure Growth ETF has had 1 split. | |
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Invesco Exchange-Traded Fund Trust - S&P 500 Pure Growth ETF (RPG) has 1 split in our RPG split history database. The split for RPG took place on July 17, 2023. This was a 5 for 1 split, meaning for each share of RPG 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 Invesco Exchange-Traded Fund Trust - S&P 500 Pure Growth 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 RPG 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 Invesco Exchange-Traded Fund Trust - S&P 500 Pure Growth ETF shares, starting with a $10,000 purchase of RPG, presented on a split-history-adjusted basis factoring in the complete RPG split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
04/29/2014 |
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| End date: |
04/26/2024 |
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| Start price/share: |
$14.28 |
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| End price/share: |
$34.99 |
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| Starting shares: |
700.28 |
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| Ending shares: |
747.49 |
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| Dividends reinvested/share: |
$1.53 |
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| Total return: |
161.55% |
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| Average Annual Total Return: |
10.09% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$26,150.42 |
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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: |
04/29/2014 |
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| End date: |
04/26/2024 |
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| Start price/share: |
$14.28 |
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| End price/share: |
$34.99 |
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| Dividends collected/share: |
$1.53 |
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| Total return: |
155.73% |
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| Average Annual Total Return: |
9.84% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$25,562.61 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 07/17/2023 | 5 for 1 |
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