SPDR S&P 400 Mid Cap Growth ETF (MDYG) Stock Split History

SPDR S&P 400 Mid Cap Growth ETF has split its stock once since its initial public offering (IPO). The stock split of SPDR S&P 400 Mid Cap Growth ETF occurred on June 13, 2018 on a 3-for-1 basis, meaning that for 1 share of MDYG owned pre-split, shareholders then owned 3 shares.

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 S&P 400 Mid Cap Growth ETF's total market capitalization.

The answer will depend on the decisions of the company's managers and market volatility. SPDR S&P 400 Mid Cap Growth 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 MDYG stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by SPDR S&P 400 Mid Cap Growth ETF's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.