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Video: What is a Stock Split?
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iShares S&P MidCap 400 Index Fund is an open-end management investment company. The Fund seeks investment results that correspond to the price and yield performance, before fees and expenses, of the United States mid-cap stocks, as represented by the Standard & Poor's MidCap 400 (the Underlying Index). The Underlying Index measures the performance of the mid-capitalization sector of the United States equity market. The Underlying Index consists of stocks from a range of industries. Components include financial, industrials, and information technology companies. As of Mar 31 2015, the Fund's total assets were $27,595,584,350 and its investment portfolio was valued at $27,560,702,890. According to our iShares Trust - Core S&P Mid-Cap Exchange Traded Fund stock split history records, iShares Trust - Core S&P Mid-Cap Exchange Traded Fund has had 2 splits. | |
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iShares Trust - Core S&P Mid-Cap Exchange Traded Fund (IJH) has 2 splits in our iShares Trust - Core S&P Mid-Cap Exchange Traded Fund stock split history database. The first split for IJH took place on June 09, 2005. This was a 2 for 1 split, meaning for each share of IJH 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. IJH's second split took place on February 22, 2024. This was a 5 for 1 split, meaning for each share of IJH owned pre-split, the shareholder now owned 5 shares. For example, a 2000 share position pre-split, became a 10000 share position following the split.
When a company such as iShares Trust - Core S&P Mid-Cap Exchange Traded Fund 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 iShares Trust - Core S&P Mid-Cap Exchange Traded Fund stock split history from start to finish, an original position size of 1000 shares would have turned into 10000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into iShares Trust - Core S&P Mid-Cap Exchange Traded Fund shares, starting with a $10,000 purchase of IJH, presented on a split-history-adjusted basis factoring in the complete iShares Trust - Core S&P Mid-Cap Exchange Traded Fund stock split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
03/31/2014 |
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End date: |
03/27/2024 |
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Start price/share: |
$27.49 |
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End price/share: |
$60.58 |
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Starting shares: |
363.77 |
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Ending shares: |
423.77 |
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Dividends reinvested/share: |
$6.00 |
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Total return: |
156.72% |
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Average Annual Total Return: |
9.89% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$25,672.58 |
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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: |
03/31/2014 |
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End date: |
03/27/2024 |
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Start price/share: |
$27.49 |
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End price/share: |
$60.58 |
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Dividends collected/share: |
$6.00 |
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Total return: |
142.19% |
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Average Annual Total Return: |
9.25% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$24,216.38 |
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Years: |
10.00 |
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Date |
Ratio |
06/09/2005 | 2 for 1 | 02/22/2024 | 5 for 1 |
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