Stock Split History
How to Retire on Monthly Dividends »    BRZU Historical Stock Prices »



Video: What is a Stock Split?


If the video does not load after a few moments, Upgrade to the Latest Flash Player.
Direxion Shares Exchange Traded Fund Trust - Direxion Daily Brazil Bull 3X Shares is an open-end manament investment company. The Fund seeks daily investment results of 300% of the performance of the MSCI Brazil 25/50 Index. The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in the securities that comprise the index and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index is designed to measure the performance of the large and mid cap segments of the Brazil equity market. As of Oct 31 2015, the Fund's total assets were $55,071,237 and the Fund's investments portfolio was valued at $39,343,241. According to our Direxion Shares ETF Trust - Daily MSCI Brazil Bull 2X Shares stock split history records, Direxion Shares ETF Trust - Daily MSCI Brazil Bull 2X Shares has had 4 splits.
Direxion Shares ETF Trust - Daily MSCI Brazil Bull 2X Shares stock split history picture
Direxion Shares ETF Trust - Daily MSCI Brazil Bull 2X Shares (BRZU) has 4 splits in our Direxion Shares ETF Trust - Daily MSCI Brazil Bull 2X Shares stock split history database. The first split for BRZU took place on May 20, 2015. This was a 1 for 10 reverse split, meaning for each 10 shares of BRZU owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 100 share position following the split. BRZU's second split took place on March 24, 2016. This was a 1 for 4 reverse split, meaning for each 4 shares of BRZU owned pre-split, the shareholder now owned 1 share. For example, a 100 share position pre-split, became a 25 share position following the split. BRZU's third split took place on August 25, 2016. This was a 4 for 1 split, meaning for each share of BRZU owned pre-split, the shareholder now owned 4 shares. For example, a 25 share position pre-split, became a 100 share position following the split. BRZU's 4th split took place on April 23, 2020. This was a 1 for 35 reverse split, meaning for each 35 shares of BRZU owned pre-split, the shareholder now owned 1 share. For example, a 100 share position pre-split, became a 2.85714285714286 share position following the split.

When a company such as Direxion Shares ETF Trust - Daily MSCI Brazil Bull 2X Shares 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. When a company such as Direxion Shares ETF Trust - Daily MSCI Brazil Bull 2X Shares conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.

Looking at the Direxion Shares ETF Trust - Daily MSCI Brazil Bull 2X Shares stock split history from start to finish, an original position size of 1000 shares would have turned into 2.85714285714286 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Direxion Shares ETF Trust - Daily MSCI Brazil Bull 2X Shares shares, starting with a $10,000 purchase of BRZU, presented on a split-history-adjusted basis factoring in the complete Direxion Shares ETF Trust - Daily MSCI Brazil Bull 2X Shares stock split history. Direxion Shares ETF Trust - Daily MSCI Brazil Bull 2X Shares split adjusted history picture

Growth of $10,000.00
With Dividends Reinvested

Start date: 03/31/2014
End date: 03/27/2024
Start price/share: $6,842.50
End price/share: $86.78
Starting shares: 1.46
Ending shares: 1.76
Dividends reinvested/share: $44.28
Total return: -98.47%
Average Annual Total Return: -34.17%
Starting investment: $10,000.00
Ending investment: $153.02
Years: 10.00
 
Growth of $10,000.00
Without Dividends Reinvested

Start date: 03/31/2014
End date: 03/27/2024
Start price/share: $6,842.50
End price/share: $86.78
Dividends collected/share: $44.28
Total return: -98.08%
Average Annual Total Return: -32.67%
Starting investment: $10,000.00
Ending investment: $191.67
Years: 10.00
Date Ratio
05/20/20151 for 10
03/24/20161 for 4
08/25/20164 for 1
04/23/20201 for 35
BRZU is categorized under the Financials sector; below are some other companies in the same sector that also have a history of stock splits:

BSAC Split History
BSC Split History
BSF Split History
BSRR Split History
BTO Split History
BTZ Split History
BUSE Split History
BVA Split History
BWINA Split History
BWINB Split History

Email EnvelopeFree BRZU Email Alerts:
Get Dividend Alerts
Get SEC Filing Alerts

NRx Pharmaceuticals, Inc. (NRXP)
Tritium DCFC Limited (DCFC)
Pluri Inc. (PLUR)
Rent the Runway, Inc. (RENT)
Castor Maritime Inc. (CTRM)
ETAO International Co., Ltd. (ETAO)
Aterian, Inc. (ATER)
Chipotle Mexican Grill, Inc. (CMG)
Moleculin Biotech, Inc. (MBRX)
Longeveron Inc. (LGVN)
More latest stock splits »
Latest mega mergers »
Latest stock buybacks »
Funds Holding Direxion Shares ETF Trust - Daily MSCI Brazil Bull 2X Shares

Direxion Shares ETF Trust - Daily MSCI Brazil Bull 2X Shares Stock Split History | www.StockSplitHistory.com | Copyright © 2013 - 2024, All Rights Reserved

Nothing in www.StockSplitHistory.com is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. Split history database is not guaranteed to be complete or free of errors. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Service. Video widget and market videos powered by Market News Video. Quote and option data delayed at least 15 minutes; stock quote data powered by Ticker Technologies, and Mergent.
X
Wait! Don't leave yet.
Want to receive our latest research absolutely free?


Click the button below for your complimentary copy of Your Early Retirement Portfolio: Dividends Up to 9.5%—Every Month—Forever.

You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 9.5%.