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 Video: What is a Stock Split?
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| Guggenheim S&P SmallCap 600 Pure Growth is an open-end management investment company. The Fund seeks to replicate as the performance of the S&P SmallCap 600 Pure Growth Index. The Fund invests in sectors, such as energy, consumer staples, industrials, financials, materials, healthcare, consumer discretionary, information technology and telecommunication services. As of Oct 31 2014, Co. had total assets of $112,114,513 and total investments of $112,100,605. According to our RZG split history records, Invesco Exchange-Traded Fund Trust - S&P SmallCap 600 Pure Growth ETF has had 1 split. | |
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Invesco Exchange-Traded Fund Trust - S&P SmallCap 600 Pure Growth ETF (RZG) has 1 split in our RZG split history database. The split for RZG took place on July 17, 2023. This was a 3 for 1 split, meaning for each share of RZG 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 - S&P SmallCap 600 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 RZG 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 - S&P SmallCap 600 Pure Growth ETF shares, starting with a $10,000 purchase of RZG, presented on a split-history-adjusted basis factoring in the complete RZG split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
01/21/2015 |
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| End date: |
01/16/2025 |
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| Start price/share: |
$26.55 |
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| End price/share: |
$50.83 |
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| Starting shares: |
376.65 |
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| Ending shares: |
407.83 |
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| Dividends reinvested/share: |
$3.01 |
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| Total return: |
107.30% |
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| Average Annual Total Return: |
7.57% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$20,736.62 |
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| Years: |
9.99 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
01/21/2015 |
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| End date: |
01/16/2025 |
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| Start price/share: |
$26.55 |
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| End price/share: |
$50.83 |
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| Dividends collected/share: |
$3.01 |
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| Total return: |
102.78% |
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| Average Annual Total Return: |
7.33% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$20,278.83 |
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| Years: |
9.99 |
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| Date |
Ratio |
| 07/17/2023 | 3 for 1 |
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