72.48
1.26%
+0.90
SPDR S&P 400 Mid Cap Value ETF (MDYV) Stock Split History
SPDR S&P 400 Mid Cap Value ETF has split its stock once since its initial public offering (IPO). The stock split of SPDR S&P 400 Mid Cap Value ETF occurred on June 13, 2018 on a 2-for-1 basis, meaning that for 1 share of MDYV owned pre-split, shareholders then owned 2 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 Value ETF's total market capitalization.
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 Value ETF's total market capitalization.
MDYV stock split list
Date | Split Ratio |
---|---|
2018-06-13 | 2 - for - 1 |
Will SPDR S&P 400 Mid Cap Value ETF Stock Split in 2024?
The answer will depend on the decisions of the company's managers and market volatility. SPDR S&P 400 Mid Cap Value 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 MDYV 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 Value ETF's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.
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