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 Video: What is a Stock Split?
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| SPDR S&P Emerging Markets is an open-end investment management company. The SPDR S&P Emerging Markets ETF (the “Fund”) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index based upon the emerging markets of the world. In seeking this objective, the Fund uses a sampling strategy. As of Sept 30 2015, the Fund's total assets and investment portfolio totaled $188,706,881 and $199,288,994, respectively. According to our SPEM split history records, SPDR Index Shares Funds - SPDR Portfolio Emerging Markets ETF has had 1 split. | |
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SPDR Index Shares Funds - SPDR Portfolio Emerging Markets ETF (SPEM) has 1 split in our SPEM split history database. The split for SPEM took place on October 16, 2017. This was a 2 for 1 split, meaning for each share of SPEM 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 SPDR Index Shares Funds - SPDR Portfolio Emerging Markets 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 SPEM 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 SPDR Index Shares Funds - SPDR Portfolio Emerging Markets ETF shares, starting with a $10,000 purchase of SPEM, presented on a split-history-adjusted basis factoring in the complete SPEM split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
12/11/2014 |
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| End date: |
12/09/2024 |
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| Start price/share: |
$31.28 |
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| End price/share: |
$41.10 |
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| Starting shares: |
319.69 |
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| Ending shares: |
407.04 |
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| Dividends reinvested/share: |
$8.45 |
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| Total return: |
67.29% |
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| Average Annual Total Return: |
5.28% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$16,730.93 |
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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: |
12/11/2014 |
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| End date: |
12/09/2024 |
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| Start price/share: |
$31.28 |
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| End price/share: |
$41.10 |
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| Dividends collected/share: |
$8.45 |
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| Total return: |
58.41% |
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| Average Annual Total Return: |
4.71% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$15,846.61 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 10/16/2017 | 2 for 1 |
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