47.87
1.14%
0.54
After Hours:
47.98
0.11
+0.23%
Invesco S P 500 Top 50 Etf (XLG) Stock Split History
Invesco S P 500 Top 50 Etf has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on March 12, 2004 with the ratio of 1-for-4, meaning that for 4 shares of XLG owned pre-split, shareholders then owned 1 share. The most recent stock split took place on July 17, 2023 on a 10-for-1 basis.
These actions have increased XLG 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 change the number of shares and the price per share with no impact on Invesco S P 500 Top 50 Etf's total market capitalization.
For more detailed information of Invesco S P 500 Top 50 Etf's stock splits, view the table below:
These actions have increased XLG 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 change the number of shares and the price per share with no impact on Invesco S P 500 Top 50 Etf's total market capitalization.
For more detailed information of Invesco S P 500 Top 50 Etf's stock splits, view the table below:
XLG stock split list
Date | Split Ratio |
---|---|
2023-07-17 | 10 - for - 1 |
2004-03-12 | 1 - for - 4 |
Will Invesco S P 500 Top 50 Etf Stock Split in 2024?
The answer will depend on the decisions of the company's managers and market volatility. Invesco S P 500 Top 50 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 XLG stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Invesco S P 500 Top 50 Etf's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.
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