Spdr Oil Gas Equipment And Services Etf (XES) Stock Split History

Spdr Oil Gas Equipment And Services Etf has split its stock once since its initial public offering (IPO). The stock split of Spdr Oil Gas Equipment And Services Etf occurred on March 30, 2020 on a 1-for-10 basis, meaning that for 10 shares of XES owned pre-split, shareholders then owned 1 share.

This action has increased the stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that a stock split only changes the number of shares and the price per share with no impact on Spdr Oil Gas Equipment And Services Etf's total market capitalization.

The answer will depend on the decisions of the company's managers and market volatility. Spdr Oil Gas Equipment And Services Etf has not made an official announcement regarding whether it will enact a stock split or reverse stock split, but it has a history of doing so when XES stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Spdr Oil Gas Equipment And Services Etf's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.