First Trust Enhanced Short Maturity ETF (FTSM) Stock Split History

First Trust Enhanced Short Maturity ETF has split its stock once since its initial public offering (IPO). The stock split of First Trust Enhanced Short Maturity ETF occurred on November 10, 2014 on a 1-for-2 basis, meaning that for 2 shares of FTSM 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 First Trust Enhanced Short Maturity ETF's total market capitalization.

The answer will depend on the decisions of the company's managers and market volatility. First Trust Enhanced Short Maturity 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 FTSM stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by First Trust Enhanced Short Maturity ETF's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.