47.57
0.96%
0.45
After Hours:
47.60
0.03
+0.06%
Invesco Nasdaq Internet Etf (PNQI) Stock Split History
Invesco Nasdaq Internet Etf has split its stock once since its initial public offering (IPO). The stock split of Invesco Nasdaq Internet Etf occurred on July 17, 2023 on a 5-for-1 basis, meaning that for 1 share of PNQI owned pre-split, shareholders then owned 5 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 Invesco Nasdaq Internet 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 Invesco Nasdaq Internet Etf's total market capitalization.
PNQI stock split list
Date | Split Ratio |
---|---|
2023-07-17 | 5 - for - 1 |
Will Invesco Nasdaq Internet Etf Stock Split in 2024?
The answer will depend on the decisions of the company's managers and market volatility. Invesco Nasdaq Internet 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 PNQI stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Invesco Nasdaq Internet Etf's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.
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